NEW YORK CITY – Recently, Mayor Bloomberg announced that New York City is not backing off its mandate that cabs have GPS tracking and equipment for payment by credit cards, according to the New York Daily News. Bloomberg said the city raised fares in 2004 as part of a package that included the technology mandates. Fares were increased again last year.

The Taxi Workers Alliance, the drivers group calling a strike and demonstration Monday, said the deal was one-sided; drivers, who don’t have an official union, never approved of new tech requirements.

The city’s contingency plan includes carving the city into eight zones and charging $10 per person for travel within a zone and $5 for each additional zone.

Originally posted on Fleet Financials