Uber launches ‘Ride Pass’ subscription service | Business Insider

Uber said on Tuesday that it started offering a subscription service, called Ride Pass, that allows users to guarantee set prices for a monthly fee.

The service is available in Los Angeles, Austin, Orlando, Denver, and Miami, an Uber representative told Business Insider, adding that it costs $24.99 a month in Los Angeles and $14.99 a month in the other four cities.

Ride Pass subscribers’ fares will be determined based on historical data and won’t change based on demand or other circumstances, according to The Verge, which reported that subscribers could use the preset rates for an unlimited number of rides each month.

An Uber representative said the service wouldn’t affect driver compensation, as drivers will earn the same rate they would driving a passenger who does not subscribe to Ride Pass.

Read complete article here:

Uber launches ‘Ride Pass’ subscription service – Business Insider.