How many percent does Bolt take?

What percentage is Bolt commission?

Bolt charges a commission of 20% on every trip across Nigeria. As a Bolt driver, you also need to factor in operational costs.

What is Bolt’s commission?

From the final price per order, Bolt charges 20% commission. This means that compared to other ride-hailing apps charging up to 25% commission, you can pocket more money when driving with Bolt.

How much money do you make with Bolt?

According to Bolt, drivers earn up to R8,000.00 per week but we have the real numbers for you.

How much do Bolt charge the drivers?

Bolt charges a 20% commission from the final price per order in London and a 15% commission in other cities. Commission fee applies to cancellation fees too. For drivers operating on electric vehicles, the commission fee has been decreased from 15% to 10%.

Does Bolt charge for waiting?

Wait time fee is a per-minute charge which starts a few minutes after a driver arrives at your location and continues until the driver starts the trip. This fee helps to compensate for the driver’s efforts and time spent waiting.

IT IS INTERESTING:  What size is a 7mm screw?

How much does Bolt charge per km in Nigeria?

For Bolt, it introduced a new base and minimum fare at N220 and N500 respectively for Bolt corporate and Bolt, compared to the initial base fare of N200, while the fare per kilometre increased slightly from N67 to N70 and fare per minute increased from N11 to N12.

How much do bolt drivers make a week?

Bolt Driver Earnings – The Real Numbers

The Bolt driver’s average salary is R8,000.00 per week, according to the company. However, based on our experience (with my friend), if you’re in Johannesburg, you could make between R6,000.00 to R6,900.00 per week.

How much percentage does Uber take?

Service Fee

Uber charges partners 25% fee on all fares. This fee covers: The use of Uber software.

Does bolt charge per person?

4.6. Fares. You are entitled to charge a fare for each instance you have accepted a Passenger on the Bolt Platform and completed the Transportation Service as requested (i.e. Fare).

How do I pay my Bolt commission?

To pay the commission to Bolt, use the following details to make a bank transfer:

  1. Bolt bank account details: Account holder name: BOLT APP SUPPORT NIGERIA LIMITED. Bank: CITIBANK. Account: 0012650032.
  2. Reference: your unique reference number.

Does Bolt make a profit?

Bolt makes money via commission fees, e-scooter and car rentals, software subscription fees, as well as franchising fees. Bolt effectively operates on a marketplace business model.

How much does Bolt charge per km in South Africa?

Bolt takes a 20% commission from each trip, with a booking fee of 5%. Trip charges cost an average of R7 per kilometre, depending on the city. Bolt Go charges riders an average of R5. 50 per kilometre.

IT IS INTERESTING:  Should I take the screws out of my ankle?

Is Bolt fixed price?

Fare-wise, riders can expect similar costs to Bolt, but Uber’s ride cancellation fees are higher. On the bright side, the booking fee is lower, as Bolt charges both a fixed fee and a variable amount based on the length of your journey.