RYDE drivers can see the payment options by Ryde riders in each trip request – Cash or RydePay.
- Cash - Collect cash amount from your Ryde rider upon dropping off.
- RydePay - Cash credits will be credited directly into your RydeWallet, a digital payment wallet for RYDE drivers
Below is a list of status you will see in your RydeWallet.
- Approved - Payment processing has been completed and deposited into RydeWallet
- Cash Out - Balance amount has been cashed out and will be credited into driver’s bank account.
To cash out your wallet balance, add your bank account by going to MENU > RydeWallet > Add Bank Account.
Standard cash out - minimum cash out amount of $100 for standard cash out and will be reflected in driver's bank account in 5 working days.
*Instant cash out - minimum cash out amount of $35 for instant cash out and it will be deposited into driver's bank account immediately with an admin fee of $1.
You can still continue to accept trips on RydePay if you have not added any bank account to your RydeWallet.
*Instant cash out function will be automatically suspended if multiple low ratings have been received. Simply complete more trips so that your instant cash out will be reactivated!