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Sunday, December 04, 2022

Lyft adds cash payment option

For those who prefer or need to pay using cash, rideshare platforms lift Walmart is partnering with more than 35,000 retailers across the US — including ACE Cash Express and the Kroger Family of Stores — to enable people to use paper money to add their money. Lyft Cash Balance,

To use the cash option, riders present a barcode or unique ID number from the Lyft app to add cash to their Lyft Cash balance, which can be used to book rides from the user’s Lyft account. a. There is no additional fee or charge as per Press release Wednesday (June 22).

See all: PYMNTS Intelligence: Providing competitive payment options to gig workers

Kaushik Subramanian, Vice President of Enterprise Platforms at Lyft, said, “Lyft is committed to ensuring that more people have access to affordable, reliable transportation, and we can help achieve this by expanding the payment methods for our services. Huh.” “We know that cash is the primary form of payment for many people, and we hope this will help people get there more easily.”

A minimum of $30 is required to purchase Lyft Cash, and bike and scooter riders need an additional alternative payment method linked to their account.

related: Clip Money, Staples to offer business cash deposits

NAACP vice president of corporate relations Antoine Holman said it is important to expand access to transportation across the country, especially for “cash-preferred and bankless populations,” who often face “barriers to where they need to go.” is needed” .”

Read more: Lyft CEO considers the ‘third chapter’ all about the network

As Lyft turns 10, President John Zimmer last month looked to the future during this year’s first-quarter earnings call. He added that this fiscal year is about completing Lyft’s network and connecting almost all transportation – rideshare, bikes, scooters, rentals, transit and even personal vehicles.

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Pymnts Study May 2022

about: PYMNTS’ survey of 2,094 consumers for The Tailored Shopping Experience Report, in collaboration with Elastic Path, shows merchants are getting it right and where they need to step up their game to deliver a customized shopping experience.

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