U.S Taxicab Market Set To Compete With Rideshare As Houston Impl - Erie News Now | WICU & WSEE in Erie, PA

U.S Taxicab Market Set To Compete With Rideshare As Houston Implements The KAPTYN Smart Taxi Platform

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SOURCE KAPTYN

NEW YORK, Oct. 5, 2017 /PRNewswire/ -- Pioneering taxi technology company KAPTYN INC. has signed a 5-year agreement with Houston taxi company Taxis of Houston to outfit the Texas fleet with their NCWM/NIST certified smart meter and proprietary software platform. The contract adds another major U.S. city to an established portfolio that has already delivered over 60 Million rides in the Las Vegas taxi market.

The platform is comprised of a first-of-its-kind taxi meter equipped with an open platform to best-in-class ride hailing applications, dispatch systems, and payment and cashiering options. Acting as the brain of a connected taxi, the meter collects, processes, and reports live trip data, while simultaneously functioning as a federally-regulated meter. The data is then consolidated into KAPTYN proprietary CabManager operating system, providing owners, drivers and regulators a comprehensive view of their operations, allowing for cashiering, shift tracking and performance data to be easily tracked and reconciled in real time.

Additional added value lies in the dispatching and demand components of the system. KAPTYN directs demand through a single funnel to create efficient, reliable supply in any taxi market.  KAPTYN brings more ways to connect drivers and passengers than ever before. The platform is fully e-hail agnostic, allowing any mobile app to communicate directly and securely to dispatch the closest vacant, licensed taxi. Additionally, riders are able to push dedicated KAPTYN Taxi buttons in high-traffic locations that integrate into the dispatch funnel to immediately dispatch the closest car.

"It's great to add another key U.S city to the KAPTYN platform. Our commitment has always been to create a flexible and sustainable solution for fleets and drivers. We are in over 90% of the Las Vegas market and have been able to operate in parallel with the emergence of TNC's. Our goal is for them to realize that pairing their mobile platform with our justified and proven supply chain is the right answer to the taxi ecosystem. We're a company built by taxi veterans and we want to be partners with owners, invest in their businesses and succeed with them and their drivers." Said Andrew Meyers, CEO of KAPTYN INC.

"Taxis of Houston is excited to partner with KAPTYN and improve the quality of our service. As a taxi company, we have been quick to acknowledge that the industry needs significant changes following the disruptive entrance of technology driven companies. KAPTYN'S revolutionary platform competes on behalf of the traditional taxi, offering additional opportunities for drivers to balance service offerings with market demands. The KAPTYN and Taxis of Houston partnership will bring new, technology driven operational methodologies to Houston's taxi service, providing additional income options for drivers and new service level heights for Houston riders," said Michael Holt, President, Taxis of Houston.

KAPTYN is poised to bring back the taxi market to its fleets and drivers, and want to empower more cities with the technology and infrastructure to compete with rideshare companies. They have an active survey and forum on their website for interested fleets and drivers to reach them directly.

Bring KAPTYN to your city http://www.kaptyn.co/.

About KAPTYN
KAPTYN Inc. is a leading Smart Taxi Technology company with an expanding portfolio of contracts in major cities across the U.S. including New York and Las Vegas. Our proven platform reinvents the regulated taxi market with the first ever NCWM/NIST approved Smart Meter and software combination that allows for driver route and trip data collection, real-time cashiering, reconciliation and reporting, automated dispatch and external application integration including E-hail. Through comprehensive data collection and analysis, innovative dispatch solution, back office management suite and flexible integration capabilities we help better operate, manage and monetize commercial taxi fleets, and provide the industry with the tools to compete in a digital demand driven world. For more information please visit: www.kaptyn.co.

Contact: Chris Hall, chall@kaptyn.co

View original content:http://www.prnewswire.com/news-releases/us-taxicab-market-set-to-compete-with-rideshare-as-houston-implements-the-kaptyn-smart-taxi-platform-300531804.html

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