VISA opposes Taxi Companies on surcharge

last SG · 2013-03-15T20:10:16+00:00

eh busy sleeping on the job where got time to think of this ? hahaha. But seriously can say not many people know la. For years , pax asked me what is the 10%...

Poolman SG

Now 2013 liao ....

" Hello , visa cannot , u got mastercard ?"

" Yes yes of course , here u go mastercard ."

Have Visa surely have mastercard for most .

Poolman SG

Given to me , same criteria for applying one VISA and Mastercard ...... of cos i apply Mastercard lah .....

Rbs70 SG

because the 10% not going into ur pocket?...

The problem is pax last time di di thought we TD makan the 10%.......

they don't know once they pay credit card only, 2 idiots laughing liao.........

goberment and taxi company.........

what TD have? Knn, the fare rightfully belong to us liao, regardless of cash or credit, knnbccb.........

if 1 day, rental also cannot charge GST, limpek first 1 come back drive taxi.......

Red5xx SG

The problem is pax last time di di thought we TD makan the 10%.......

they don't know once they pay credit card only, 2 idiots laughing liao.........

goberment and taxi company.........

what TD have? Knn, the fare rightfully belong to us liao, regardless of cash or credit, knnbccb.........

if 1 day, rental also cannot charge GST, limpek first 1 come back drive taxi.......

one taxi 7% gst.....$7 a day...

knbpcb....

30k x $7 a day.....

Rbs70 SG

one taxi 7% gst.....$7 a day...

knbpcb....

30k x $7 a day.....

GST suppose to work in a loop........

In layman term.........

Merchant collect GST from consumer by selling goods to him, than submit the GST collected to the authority to complete the loop, indirectly, the merchant pay nothing to the authority.........

So why need to register GST? because the law say that as long your business turnover net is more than $1million, than is a must...........

Because the $ collected from renting out the taxi to you constitute a profit in their annual report, bo pian, they don't want to come out from their own pocket mah, so got to charge the GST on top of the rental, ended up, we TD become a pig.........

I always got this question in my mind very long Liao? Why TransCab accident assess will include GST? Assess also consider profit?.........

At least CDG dare not charge us this GST on accident assess.........

Not going to speculate what TC will be declared in their annual report, as a TD, I think you got the right to ask Jasmine on this, I'm very curious on she what she will reply..........

Rbs70 SG

Come to think about it.........

This credit card surcharge thing finally publish in Newspaper.........

Public will be aware, public will start to question.........

Knn, CDG pocket until shiok shiok so many years liao, is time they learn a lesson.........

Mai di di let TD go die..........

Some will say, CDG got to come out money to create the "state of the art" system leh........

Yes, is true, but not at the request of the public at all, they always claim that is an "added services" mah, and since when we TD requested them to do so...........

I still think that, with this kind of turtle taxi meter, cashless is absolutely redundant...........

Poolman SG

But if CDG implement a flat rate like $2 flat rate per transaction , base on company's adminstration service charge , MAS and VISA cannot do anything one .

Just like NETS , $0.30 per transaction . NETS got kpkb ? No leh .....

But if just $2 , CDG liao chor ar .....

Eg mine pax paid $40 by VISA , knn Premier sapu $4 , GST sapu $3 .

$7 ....... versus flat rate $2 .

Liao chor ar .....

Poolman SG

Perhaps this is another wayang show to tell people there could be a fare hike soon ....

Where u pay more on taximeter , but there will be no service charge if pay by cashless .

They will waive every transacion fee and GST .

Maybe ...

Then behind audit , taxi companies charge 10% from that particular transaction from cabby's collections .

Bo Call Liao SG

All along i thought it was the card companies that took the 10% surcharge so NOW i know its the

at work.

Big Shame on CDG for making it compulsory to take cashless but didnt even give a token % to their drivers

Must be making Millions just on the 10%!!!

Khoon 24 SG

I love pax who pay by cashless..

The more the merrier..

The more cashless I collect... The more Shiok...

Bo Call Liao SG

I love pax who pay by cashless..

The more the merrier..

The more cashless I collect... The more Shiok...

Then u are obviously driving for the wrong co.

awaits you.

Plenty cashless , so many that u feel so shiok , LJ strong strong lol

Rbs70 SG

All along i thought it was the card companies that took the 10% surcharge so NOW i know its the

at work.

Big Shame on CDG for making it compulsory to take cashless but didnt even give a token % to their drivers

Must be making Millions just on the 10%!!!

Arbo can charge GST to that 10%?.......

CDG do things all follow law and order 1, public listed leh.........

I'm just puzzle, exactly how many CDG TD out there think likewise like you?.......

I sincerely hope that the rest of the card company will follow suit........

Rbs70 SG

If CDG don't do this type of donkey business, cashless tio cashless lor.......

some policy they make really need some hard knock from company more power than them........

Visa is not a bank, all along, individual bank don't mind CDG charging whatever as long they got their rightfull percentage to pay Visa........

bear in mind, the 1 now beh song is Visa, not bank hor........

Singtaxi SG

But if CDG implement a flat rate like $2 flat rate per transaction , base on company's adminstration service charge , MAS and VISA cannot do anything one .

Just like NETS , $0.30 per transaction . NETS got kpkb ? No leh .....

But if just $2 , CDG liao chor ar .....

Eg mine pax paid $40 by VISA , knn Premier sapu $4 , GST sapu $3 .

$7 ....... versus flat rate $2 .

Liao chor ar .....

dunno how you derive the gst $3?

if fare=$40 then admin charge=$4, gst should be $0.28

eurocab SG

10% admin charge to cover costs for cashless machine, clerk to credit payments into your bank account..... As a business, wrong to charge?

Anyway, why bother so much? As long as never eat into my fare, can already......

Anyway, pax pay CASH is the BEST.......

Rbs70 SG

The reason GST is charge because the 10% they are collecting is a profit........

So if TD don mind being a kepoh earning extra for company, so be it lor.........

you ferry your pax, you earn your fare, company sit down there collect 10%, you think is allright?.......

Singtaxi SG

10% admin charge to cover costs for cashless machine, clerk to credit payments into your bank account..... As a business, wrong to charge?

Anyway, why bother so much? As long as never eat into my fare, can already......

Anyway, pax pay CASH is the BEST.......

In western countries, retailers don't charge extra for using credit card. Price is the same regardless of the mode of payment. Any retailer that does not accept cc would risk losing potential customer.

It is only here where the big boys can suka suka add surcharges.

Few years ago, retailers in Sim Lim Sq oso face problem with Nets when Nets increase the processing fees. Nets dun allow retailers to charge customer extra when using Nets payment. In the end, retailers sell at a higher listed price and give 2% rebate for cash payment while those paying by Nets/credit card will pay the higher listed price.

Rbs70 SG

Rental we pay daily not meant to cover their overhead cost??????

ericgo SG

All along i thought it was the card companies that took the 10% surcharge so NOW i know its the

at work.

Big Shame on CDG for making it compulsory to take cashless but didnt even give a token % to their drivers

Must be making Millions just on the 10%!!!

i had mention here before visa and mastercard merchant fee for using their system was only 3% Amex is abt 4%

So wat happen to the bal 6% to 7% that taxi companies collect?

Into their pocket lor.

Now visa realise singapore taxi earn more than them so they buay song come in to curb.

Soon mastercard and amex will join in, u know why?

cos they are the monopoly for credit card system in this world.

i foresee service charge for credit card dropping to 3 to 4%

Rbs70 SG

It is only here where the big boys can suka suka add surcharges.

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