Introducing REVO's Dynamic Driver Pricing Feature.

January 27, 2025

REVO Rideshare now introduce "Dynamic Driver Pricing" a new feature in the REVO Rideshare App. The platform emphasizes driver control over pricing, real-time adjustments, and transparency. It also introduces features designed to enhance rider experience, including driver selection and reservation.

The platform emphasizes driver control over pricing, real-time adjustments, and transparency. It also introduces features designed to enhance rider experience, including driver selection and reservation management. The platform operates on a "software as a service" model, empowering drivers to operate as independent businesses.

Driver-Controlled Dynamic Pricing: Drivers have significant control over setting their own rates.

They can adjust: Base rate, Minimum fare, Per-minute charge, Per-mile charge

Drivers can view estimated earnings based on their rate settings."as you adjust you'll notice based on what you put in here for miles and duration it gives you an estimated earling of of what you will make based on that setting."

Drivers can activate surge pricing and set the surge percentage, further increasing their potential earnings. You can also add surge pricing and so if you wanted to see what that would look like. If you I are going to turn on surge pricing and then increase the prices to 25% and you'll notice that's the surge pricing change by 25%".

This focus on dynamic pricing allows drivers to respond to market conditions and maximize their earnings potential.

The platform aims for complete transparency, showing drivers their earnings (though currently 70% of what the customer will pay).

The platform intends to display the customers total charge for further clarity. "REVO want to be completely transparent and let you guys see everything but this will show you what you're going to make you just got to understand there's another 30% um that goes into what the customer will be charged".