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

What's Next In Payments®
3:58 PM EDT 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
Company Spotlight
Risk Management Patent Assigned to MasterCard International
Mobile
Square Expands HQ Offices to East Coast
Alternative Financial Services
Xapo Launches Debit Card for Bitcoin
News
ShopKeep’s Point of Sale Software Raises $25M
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
Uncategorized
Protected: Remote Control Credit Cards?
Merchant Innovation
Bitcoin Tracker Week 21
B2B Payments
The Currency Cloud: Taking The Mystery Out of Cross Border B2B Payments
Company Spotlight
Risk Management Patent Assigned to MasterCard International
View All Articles ››