A taximeter or fare meter is a mechanical or electronic device installed in taxicabs and auto rickshaws that calculates passenger fares based on a combination of distance travelled and waiting time.
[4] Taximeters were originally mechanical and mounted outside the cab, above the driver's side front wheel.
Number of signals transmitted per k constant ratio results distance travelled.
Within pre-installed tariff values and travel data are multiplied and fare is calculated.
Features include: During normal operation, taximeters repeat cyclically through several stages: Best Taxi in India