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
News
Staples Breach Hit 1.16 Million Payment Cards
Loyalty & Rewards
Go, Teller, On The Mountain (Of Stats) That Mobile’s Less Loyal
News
Would You Like Beacons With That?
News
PayPal Here Gets New U.K. Partner
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
Alternative Financial Services
What Payments Players Want Under The Tree
News
Staples Breach Hit 1.16 Million Payment Cards
Alternative Financial Services
Bitcoin Tracker | Week 53    
Loyalty & Rewards
Go, Teller, On The Mountain (Of Stats) That Mobile’s Less Loyal
View All Articles ››