Lauren Goode

Recent Posts by Lauren Goode

Square Gets Approved for New York City Taxicab Pilot

The New York City Taxi and Limousine Commission has approved a proposal to deploy Square payments technology in 30 taxicabs as part of a test phase that will begin in a few weeks. VeriFone Systems Inc. and Creative Mobile Technologies LLC currently hold contracts to power credit card payments in more than 13,000 cabs across the city, and many more nationwide. It’s unclear whether using Square’s mobile payments technology in cabs would result in lower processing fees for taxicab medallion owners, but David S. Yassky, current chairman of the Taxi and Limousine Commission, has said he hopes credit card transaction fees could be lowered.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik