PayPal Stories Archive

Here are our top reasons why our nation's taxi drivers should be celebrating the cashless revolution.

 

Cashless payments are not just good news for passengers who don’t carry cash; they’re good news for your business. PayPal research has estimated that sole traders and small businesses like taxi drivers may be missing out on up to £800 million worth of sales every year by not taking cards.

 

According to the UK Card Association, spending on contactless cards exceeded £1 billion a month for the first time at the end of last year. Fortunately you don’t need to be a big business to accept the latest payment options. Our PayPal Here card reader allows you to accept contactless card payments, as well as Chip and PIN debit and credit cards, and even mobile contactless payments like Apple Pay.

 

Ever been put off by having to pay monthly fees for a card reader? Well our pay-as-you-go alternative PayPal Here has none of that baggage. There are no monthly fees – just a one-off price to buy the device and then a small fee for each transaction.

 

Recently, we’ve teamed up with Ubiquitous, the country’s leading taxi advertising company, to promote PayPal Here. Keep an eye out for our posters in cabs across London.

 

Ready to join the cashless revolution now? PayPal Here can be downloaded from iTunes App Store and Google Play, while the PayPal Here card reader can be purchased at our website or directly through the

PayPal Here app.