The Bid2Ride platform offers users the ability to set a price for a ride through making a bid. After a bid is made, drivers can choose to accept it or not. If a bid is not accepted, users can check the price form comparable ride share apps and place another bid. If a bid does not receive any interest the Bid2Ride app will also recommend a minimum bid, which may be more successful.
Bid2Ride only takes 15% of the total price, which is approximately 10% less than comparable services. This is why drivers could be more willing to accept riders from the Bid2Ride platform.
The Bid2Ride platform has launched in Washington DC and it will offer competition to conventional ride-sharing platforms.
Image Credit: Bid2Ride