How do you pay for a taxi in Canada?

Licensed Toronto taxis will accept payment with all major credit cards. If you are hailing a taxi off the street, check if the taxi light on the roof is on – if it is on, that indicates the taxi is available, if it is off, it is unavailable. Tipping your driver 10 to 15% for good service is common courtesy in Toronto.



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There are numerous currency exchange offices for visitors to exchange money into Canadian currency. Most exchange offices are open during regular business hours (9am-6pm) and Saturday from 10am-5pm. Credit cards are also widely accepted in restaurants, stores, taxis, etc.

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Uber is also less expensive than taxis, at least in Toronto. Prices are about 30% less for a private Uber X ride vs. a traditional taxi, and gratuities are included.

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Uber is also less expensive than taxis, at least in Toronto. Prices are about 30% less for a private Uber X ride vs. a traditional taxi, and gratuities are included.

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USD not universally accepted If you are planning to rely on USD in Canada, you may like to reconsider. Although large retailers, tourist attractions, hotels and border crossings accept US currency, smaller and rural destinations may not.

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There are no restrictions on the amount of money you can bring into or take out of Canada, nor is it illegal to do so. However, any time you cross the border, you must declare any currency or monetary instruments you have in your possession that are valued at CAN$10,000 or more.

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Being paid with cash means drivers have money ready to pay for ongoing costs such as fuel, repairs and maintenance. While many card transactions can be instant, some can take days to process and the driver has to wait for the money to reach their account. They may also pay a charge for each electronic transaction.

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Why do taxi drivers only take cash? Immediate payment: Cash payments provide immediate payment to the driver without any delay or potential chargebacks, unlike card payments which may be subject to processing times and potential chargebacks.

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Uber first launched in Canada in 2012. Today, the apps are accessible to 19 million Canadians across 140 municipalities, with tens of thousands of drivers and delivery people and millions of consumers regularly using Uber and/or Uber Eats.

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