Ryde levies a fee on each ride that goes back into improving the Ryde product for all users—end-users, driver-partners, and merchants alike. These fees are reinvested into maintaining, developing, and enhancing product features to boost Ryde services. These fees also help to cover the operational costs of rolling out product and service improvements that will benefit our users.
Tiered-Platform Fee
We have introduced a tiered platform fee for all service types. Platform fees will be charged differently based on the fare amount.
Fee Structure
*First Tier Platform Fee: $1.05 (excluding GST) for fares $18 and below.
*Second Tier Platform Fee: $1.25 (excluding GST) for fares above $18.
The platform fees are applicable for both cash and cashless payments
*WEF 23 Jan 2025
Transaction Fee
We have introduced transaction fees for *cashless transactions.
Fee structure: 1.96% + $0.24 **
*Cashless transactions
Debit/Credit card via Stripe (Visa, Mastercard, Amex)
RydeCoin
**WEF 17 Oct 2024