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Traditional Taxis Getting a Tech Makeover

When alternative transportation companies like Uber and Lyft took to the streets, they dealt a serious blow to traditional taxis by offering lower prices, app-based hails, friendlier drivers and newer vehicles. Now, some traditional taxi companies are hoping to take back market share from the competition with a high-tech makeover, and they're getting help from Verifone Systems, one of the largest companies that process payments from credit card companies. Realizing that outdated...

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