Finextra – 1/12/15: From this month if you’re in London and hopping into a Black Cab, there is a growing likelihood that you will be able to pay for your ride with a debit or credit card or even with Apple Pay, using PayPal’s NFC enabled Chip and PIN card reader, called PayPal Here. PayPal, one of the world’s leading digital and mobile payment companies, is delighted that PayPal Here has been approved as a card payment solution by Transport for London (TfL). This was announced in November 2015, ahead of TfL’s announcement to mandate card payment facilities in all London taxis, from October 2016. To kick-start card payments in Black Cabs, PayPal is running taxi advertising with Ubiquitous, the UK’s leading taxi advertising company.
Click here to read more: http://www.finextra.com/news/announcement.aspx?pressreleaseid=62650

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