Cabcharge Australia Ltd (CAB) is an Australian public company which was listed on the Australian Securities Exchange ASX: CAB in December 1999 and is an ASX 200 company. The company's founder and CEO is Reg Kermode. In 1976, the company established Cabcharge, an account payment system to provide a way to pay for taxi fares by non-cash means, which today is the sole provider of the in-taxi service. In 2005 it joined with a 49% interest in a joint venture with Singapore-based ComfortDelGro Corporation Ltd in ComfortDelGro Cabcharge Pty Ltd (CDC). Since then CDC has had an increasing control in the bus industry in Sydney and Melbourne. Subsidiaries of CAB operate taxi network services, which are booking and dispatch services for taxis in Australia, which today covers over 7,000 taxis.