CAB 2.67% $2.19 cabcharge australia limited

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  1. 131 Posts.
    Cabcharge eftpos terminals that are in all taxis around Australia are the only terminals that can process cabcharge cards and e-tickets. They also accept all other major credit cards and each transaction made on a CAB eftpos terminal attract a 10% service charge. More than 90% of taxis and hire cars in Australia have this eftpos terminal. The ACCC is having a look at this situation as bieng anti-competetive. Given the downtrend of the market and ACCC involvement, is why I believe the downward spiral on SP.
 
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Currently unlisted public company.

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