The taxi industry has undergone an immense transformation in the last decade. The industry which used to operate via traditional means has been disrupted by cutting-edge technologies like real-time GPS tracking, push notification, in-app payments, reports & analytics, automated driver payment settlements and many more. In addition, the adoption of on-demand business models has also changed the game forever.
In this transition period, Radio taxi businesses are somewhat stuck in between. Radio taxis are superior when it comes to the traditional taxis but are inferior if we compare them with the advanced ride-hailing and taxi dispatch businesses.
But what exactly are Radio taxis? Let’s have a look.