Friction is something that I talk and write about a lot. Its abundance in payments and commerce is what inspires innovators to challenge a friction-filled status quo and create something new. But friction can also be what sidelines those who set out to eliminate one...
With 30 percent of the app-driven ridesharing trips taken in the United States, a decade into its journey, Lyft is proving to be a formidable Uber competitor. And part of that is due to the firm’s structure, according to President John Zimmer. Get the Full Story...
By land, yes, and now by sea. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
Many UberPOOL customers who use a commuter benefits card have reported much longer wait times to get a ride than those using just a regular credit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Carsharing app Uber, aiming to keep its drivers from jumping ship, has reportedly rolled out the ability for passengers to give drivers in the U.S. a tip by tapping in the company’s app. Get the Full Story Complete the form to unlock this article and enjoy...
After strong pressure from investors, Uber CEO and co-founder Travis Kalanick has officially resigned his position at the head of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Adding to Uber’s ever-expanding series of recent woes is a new need to look in its rearview mirror. Lyft, its long competitor in the ridesharing game, is coming up quick behind it. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Taxify, the Estonia ridesharing startup, is aiming to take on Uber Technologies in the carsharing market by luring drivers with big profit-sharing incentives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Grab, the ridesharing startup in Singapore similar to Uber in the U.S., may raise more than $1 billion investment from strategic investors in a venture capital funding round including Alibaba and SoftBank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
