Uber to give drivers option to be paid instantly
PHOENIX - Uber is launching a pilot program intended to help the ride-hailing service's drivers draw their pay faster, an effort that may also fend off emerging payday lenders who are targeting the service's drivers.
Uber will allow drivers to deposit their earnings from each ride into an account with GoBank, a subsidiary of the pre-paid debit card company Green Dot. Uber won't charge any fees for the service, and GoBank will not charge a monthly fee so long as drivers access their accounts at least once every six months. Should it go untouched for longer, drivers would face a monthly fee of $8.95.
Uber pays its drivers once a week, sometimes leading to financial stress for some members of its largely low-to-middle income workforce.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Two injured after dump truck overturns on Harding Blvd.
Airline Hwy. at S. Choctaw reopens after train collides with 18-wheeler
Train, 18-wheeler crash reported on Airline Highway
Officials to deliver updates on Comite Diversion Canal Project Tuesday
Airbnb prices could increase throughout capital region