By Jane Wardell SYDNEY (Reuters) - Taxi services firm Cabcharge Australia Ltd has hired software developers to rush a payment app to the market as its fights against the soaring popularity of ride-sharing service Uber Technologies Inc [UBER.UL]. Cabcharge, which provides the electronic payments system for 97 percent of Australia's taxis, is one of scores of traditional taxi businesses around the world threatened by the rise of Uber. Managing Director Andrew Skelton said Cabcharge was using savings from cost cuts to build the payment app, which would offer similar services to Uber.
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[New post] Australia’s Cabcharge pins hopes on payment app amid Uber competition
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