Like buses, the taxis have designated departure and drop-off locations.
The departure locations include: West 57th Street and Eighth Avenue; West 72nd Street and Columbus Avenue; and East 72nd Street and Third Avenue.
Taxi and Limousine Commissioner Matthew Daus says passengers will pay less and drivers will make more money.
The group rate only applies to the morning rush hours, 6 a.m. to 10 a.m.
TLC staff will be at stands to help riders.