CAB 2.67% $2.19 cabcharge australia limited

Cabcharge eftpos terminals that are in all taxis around...

  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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