While Meru and EasyCab charge a consolidated waiting charge per hour, app-based services like Ola, Uber and TaxiForSure charge per minute. Uber charges Re 1 per minute and Ola Rs 2 per minute.
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The base fare for Ola and Uber is around Rs 7-8 per km which keeps fluctuating with demand. At peak times, surge pricing can be as much as Rs 24 per km. They have time charges of Rs 1 per minute as well.
Bolt is the most popular Uber alternative in the UK. It had commenced as Taxify and relaunched itself as Bolt in 2019 Summer. They charge their drivers lower commission fees, resulting in lower pricing for riders. The initial charge is £2.50, followed by £1.25 for each mile and £0.15 per minute.
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.
The Issue Of SafetyIn another finding from our report, Uber has managed to come out as a safer riding choice as compared to Ola. Customers scored, on a scale of 1-10, Uber at a stellar 9, while Ola had to settle for an abysmal 3.6, depicting a huge disparity between the two cab aggregators.
For months now, Ola has been ahead of Uber in terms of the number of times their apps have been installed in India. However, app installs don't necessarily indicate customer preference. Ola's presence in more cities is likely what's giving it an edge, experts say.