Fares are charged by using charge cards or account-coded dockets. Charge dockets are also provided to customers to assist with account authorisation and control. Cabcharge acquires the existing charge account business of the taxi company for commercial value and offers a proportional shareholding in Cabcharge. Cabcharge pays a license fee for taxi services provided to Cabcharge customers by the taxi company. The company has registered Cabcharge internationally in order to introduce the Cabcharge system to overseas markets, and arrangements are concluded for use of the system in Asia, North America, Canada, the UK and Europe.
Negotiations continue for use of the system by other worldwide major centres.
Recent installation of the best proven technology in Image Capture processing equipment and systems provides Cabcharge with an expanded processing capacity to meet anticipated growth throughout the industry into the 21st century. Rapid technological advances within the computing industry can be incorporated into the Cabcharge system, with associated benefits being made available to Cabcharge clients. Future Developments Cabcharge continues to see a gradual and carefully planned increase in the number of member companies, particularly in the international arena. The system will form part of a common payment scheme for all public transport from which significant financial benefits may be achieved, as well as reinforcement of the role of taxis in the public transport arena.