Why Demonisation has not had Effected the On Demand Taxi Services

A new chapter was written in the Indian history at 00:00 Hours on 9th November 2016. A step that any leader would think twice before taking has been taken by the Indian Prime Minister in a bid to curb corruption, the use of black money, terrorism and to reform the Indian economy. 

The bold decision that has been made by the Prime Minister is that as of midnight of 9/11, the Rs 500 and Rs 1000 notes would no longer be recognized as legal tenders and that they would be just useless pieces of paper.


This has been a big blow to people who have been hoarding these notes in their private coffers, boxes, attics or wherever they have been hoarding it avoid depositing it into the banks and avoiding the taxmen too. Now there is nowhere to go and nowhere to hide. The loot needs to be declared. Businesses have come to a standstill, as people no longer have the new legal tenders to pay for their shopping. The use of credit and debit cards may be appropriate. However, most of these businesses deal in cash and therefore do not have the machine that authorizes card payments. 

Just a Normal Day

Most online businesses have not been affected by this sudden decision. The on-demand taxi businesses like Ola, Uber, Meru, Taxi for Sure and Easy Cabs are today revolving on all fours despite the economic chaos everywhere else. These taxi giants are not facing the problem that other businesses are facing.

Automation Saves the Day

All these On Demand Taxi Services are online services and their taxis are accessed via their individual apps. The online taxi business runs on full automation, from the time the passenger looks for a ride until the time the ride is completed and the driver has been rated and reviewed. You might be wondering about the payment. Well, the payment is automated too. No cash changes hands. 

When the ride is completed, the fare is automatically deducted from the rider’s credit or debit card. These details would already have been saved when the rider initially signed up on the app. Therefore commuters are not worried about how they will pay their fares and the taxi businesses are also not worried because they are getting their money electronically.  Everyone is happy.

Invest in the On Demand Business and Leave the Worry of payments in the Past

The world is moving towards a cashless economy and plastic money. The on-demand is, therefore, the ideal venture to get into because it also operates on cashless economy. Such is the need for this concept that one can get into any on-demand business, be it laundry, dog walking, dietician, personal trainer or even chef. 

Other reasons why this is ideal for entrepreneurs is that:

-    The business can be set up in as little as 2 days
-    No staff or other overheads are required.
-    No major investments need to be made
-    This is one business, which can be operated from anywhere

Make that one off mini investment in the system and relax for the rest of your life. No hard work, full automation and total relaxation. The only stress you will have is to check how much money you are making. 

If this is right up your alley, call us and we will explain and demonstrate to you how easy an on demand taxi services is. All you need to do is pick the service you want for your business and we will do the rest for you. Make your investment today and support that important decision made by the PM.

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