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25th Aug 2022

Mandatory card payment option for taxis to launch next week

Katy Thornton

card payment taxis

It’s not all good news, however. The cost of taxis is set to rise as well.

New legislation coming into effect next week means that all taxis must provide a cashless method of payment. As of the 1st September, taxis must accept credit and debit card payment for journeys, as well as cash. The National Transport Authority states that 92% of taxi drivers already have these card terminals installed.

However, according to The Independent, the price of taxi journeys is set to rise by 12% from the same date. Their articles say that, “the price increase will be weighted across time bands throughout the day and will also take into account the distance of the fare.”

This increase is partially as a way to incentivise drivers to take trips late at night, when taxis are at their most scarce, as well as to subsidise the the increase in operating costs experienced by taxi drivers since 2018, particularly where fuel is concerned.

The Independent states, “the increase ranges from about 60-80c to €4” and will depend on a number of factors.

Header image via Shutterstock

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