What percentage does FREENOW take from drivers?

Understanding FREENOW’s Commission for Drivers

FREENOW, a popular ride-hailing service, operates in various regions worldwide. Drivers using the platform are compensated for their services, and FREENOW deducts a commission to cover its operational costs. Understanding the commission structure is crucial for drivers to optimize their earnings.

Commission Percentage

FREENOW charges a commission of 18% on the total fare collected from each ride. This percentage includes value-added tax (VAT). The commission is calculated on the base fare, any additional charges, and customer tips.

Exclusions from Commission

It’s important to note that the commission excludes certain payments that drivers may receive:

• Bonuses: Any bonuses or incentives earned by drivers are not subject to commission.
• Tolls: Tolls and parking fees incurred during a ride are reimbursed to drivers and not deducted from their earnings.

Impact on Drivers’ Earnings

The 18% commission affects drivers’ overall earnings. For example, if a driver completes a ride with a total fare of €100, FREENOW will deduct €18 in commission. The driver will receive €82 as their net earnings.

Transparency and Communication

FREENOW is transparent about its commission structure and provides drivers with clear information on the percentage they will receive. This transparency allows drivers to make informed decisions about using the platform.

Conclusion

FREENOW’s commission of 18% of the total fare, including VAT, is an important factor for drivers to consider. By understanding the commission structure and its exclusions, drivers can better estimate their earnings and manage their finances effectively. FREENOW’s transparency and communication ensure that drivers are fully aware of the financial implications of using the platform.