Ryde charges a fee on each ride, which is reinvested back into the platform to improve the experience for all users—end-users, driver-partners, and merchants. These fees contribute to the ongoing development, maintenance, and enhancement of product features, ensuring continued service improvements.
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. These fees help support our platform’s operations and fund ongoing innovations that enhance the experience for both driver-partners and passengers.
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