Washington, D.C. Vote Helps Uber, Hurts Lyft, SideCar

What's Next In Payments®
3:58 PM EST December 6th, 2012

A Washington, D.C. city council vote to approve new transportation regulations should bolster Uber’s business but could hurt competitors such as SideCar and Lyft, according to Tech Crunch.

The new regulations apply only to licensed drivers and operators, which excludes the likes of SideCar and Lyft drivers who are licensed outside of Washington, D.C.

The voting victory comes at a good time for Uber, as the company has recently come under regulatory assault in Chicago, California and New York.

Read the full story here.

Comments
Also by This Author
What's Hot
Alternative Financial Services
Ant Financial To IPO In 2016
Merchant Innovation
California Startup SimpleFi Hopes to Challenge Payday Lenders with Employee Targeting
Consumer Finance
Visa Europe to Spend EUR 200 Million on Digital Payment Technology
B2B Payments
Slyce Snatches Coupon App SnipSnap for $6.5 Million
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Cool
Tapping Into The Two Screen Consumer
Alternative Financial Services
Ant Financial To IPO In 2016
News
Bed Bath & Beyond Finds Its Money in the Latter
Merchant Innovation
California Startup SimpleFi Hopes to Challenge Payday Lenders with Employee Targeting
View All Articles ››