i work for veriphone. i wanted to add my two cents.i think that probably changing the program midstream is not a good idea. there are a bunch of other things that you guys need to think of. to some of these other points, the transactions and installation, how you got the equipment in the car, we have been part of many rfp's and i have not seen one of them change midstream from one percentage to another. another thing, overpayments could have been added to this. but they're not. maybe vetting this, taking a step back would be a good idea. thank you for your time. >> next speaker, please. >> jim templeton. >> thank you, folks. i started driving a cab in 1973. i have spent 35 years in the industry without dealing with credit cards. i made it as a cabdriver. i do not make any more now. i probably make less now that we take credit cards. here is the reason why. i have got credit cards. the credit-card companies what the merchant to bear the cost of these things. i have got a gold card and an american express card. as far as i am concerned,

aerophone -- veriphone is here. go free to contradict me if i am incorrect. >> it is a compromise with in the staff, meaning that it must be really good. does someone on the staff want to speak to why the driver would have the right to impose a square, even if the customer wanted to use the on board system? >> the main intent was not to preclude just this one particular technology, but others that may be emerging. in terms of whose choice is, whose technology, the driver verses the customer, it is not something that i think we really discussed. i do not see a big downside in changing that to customer chart -- customer choice. the main policy aim here was to not lock ourselves into one specific technology. when this started i am not sure that they existed. there may be other things that are different than others. >> i think it was the point about customer anxiety and our efforts to bridge that. i would move to amend this to allow and i would appreciate the comments that it might make sense to simply stick with the on

. >> t-mobile, microsoft office -- office 365, dynatech, veriphone, and our principal sponsor, it aaa flag and banner, fedex, and strauss event. seven by seven magazines, the bay citizens, san francisco business times, san francisco bay guardian, in the bay area reporter. let's get our sponsors and media sponsors a round of applause. [applause] >> we are here to solicit several small businesses tonight that have gone above and -- salute several small businesses denied that have gone above and beyond to open their stores, get on the phone, turn on their websites, and stand up as mentors for small businesses. this is not an easy time, and small businesses overall, many of them are struggling to stay afloat, including many in this room. so we would like to shine the spotlight for a little while tonight on some of these small businesses that have been able to push the envelope and continue to do very well. they have been beacons of hope, and we cannot have this event tonight to really give them the recognition that they deserve without recology. recology has long been the community sponso

. >> t-mobile, microsoft office -- office 365, dynatech, veriphone, and our principal sponsor, it aaa flag and banner, fedex, and strauss event. seven by seven

the owner of the cab company -- the bottom line is we do not need veriphone.it has been working fine. it cost $3.40 million to install credit machines in the front. we do not need a machine in the back. what is the convenience? it will bring the prostitutes. i have only one time in 10 years one blind person. it has never been a problem. there should be 0 fees. thank you. >> i am barry toronto. i want to give a shout out to dominick, who helped me at the front office. i do not think you are being very helpful. in the cab industry, there is a lot of psychology and sociology involved. it is not just about economics. when a driver has to take a lot of money out of his daily take, it hurts a driver. you try to convince them they get more tips using the credit card. you cannot really see that, comparatively. it takes a long time to process a credit card sometimes. the equipment has to be paid for. a 3.5% charge is a slap in the face to a cabdriver. the banks do not charge that much. this report addressed a lot of the psychological issues and problems. there is a req

take a look at shares of veriphone after the company lost a patent dispute.d in honor of cardsoft. as a result, the company will have to take an $18 million expense hit, so they updated the february to april results to reflect that. >> thank you so much, courtney reagan. we do want to point out we showed you the headline at the bottom of the screen, the spanish ten-year bond topping the -- we are losing some steam in the market and we did see the euro just turn negative. this is something to watch. 6.743% right now. >> wow. >> yeah. >>> well, quite the creative plan creating ground in germany in an effort to save the your ozone. we'll explain right after this. ♪ i'm sittin' on the dock of the bay ♪ ♪ wastin' time >>> the highly create i have been plan gaining traction in germany that might just safe the your ozone. it's not your obonds more -- simon hobbs joins us and he will explain. simon? i want i'm going to show you a plan countrily under discussion that would enible angela merkel to trade her company's fiscal strength for a far more disciplined your ozon