The Cabcharge account payment system was established in 1976 by Mr. Reginald Kermode to provide a convenient way to pay for taxi fares throughout Australia and certain participating companies. It listed on the Australian Securities Exchange

Australian Securities Exchange

The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....

in December 1999 and is now an ASX 200 company. It has since diversified and its key businesses now include Australian technology, taxi payments and land transport solutions. Its principal activities include:

• Provision of charge account facilities for businesses and individuals which enable payment of taxi fares using Cabcharge products – FASTCARDs, TAXI eTICKETs, dockets and gift cards.