Say goodbye to having to pay cab fares by cash only. The NYC Taxi and Limousine Commission has launched a new initiative to install touch-screen monitors in all 13,000 cabs. The monitors being installed will allow riders to "pay by credit card, map out where the cab is going and find information about restaurants and bars." However, some New York cabbies are objecting to the new technology calling it expensive and intrusive.
Implications - The experiment is being tried in 200 cabs, and the monitors give passengers the opportunity to pay for their ride on credit, map their journey and get info about destinations. The touch-screen monitors are a bold leap forward for the taxi cab industry.