Pedicab drivers in New York City have been using the mobile payment service Square to scam passengers by adding hidden extra fees without informing them, according to The New York Post. Passengers only realize they’ve been overcharged when they check their account later. A recent incident involved a couple being charged $720 for a 20-minute ride. Although Square shuts down fraudulent accounts, it has inadvertently become a tool for these scams. To address the issue, a new law has been introduced that requires pedicab drivers to clearly display rates, prohibits extra fees, and enforces per-passenger pricing. Previously, pedicab drivers could charge by block and per passenger.
For more information:
https://www.businessinsider.com/square-abuse-by-pedicab-drivers-2013-7