Uber – realizing that drivers need to be able to pay for things like gas, food, and some sort of shelter other than their car – is testing a program to pay their drivers immediately each ride.
The move, which is an effort to stop payday loan services from targeting drivers, is detailed by ABC News:
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.
Note: if a driver does not need to touch their money for six months, can I just have it?
Uber had been paying its drivers on a weekly basis.
Buzzfeed News reported that the average Uber driver makes about $21.90 per hour. If a driver were to work a 30 hour week, that would give an Uber driver a yearly salary of $34,164.
If this sounds up your alley, you can learn more about becoming an Uber driver here.
Uber is testing the new service with Green Dot in San Francisco and a few other U.S. cities and intends to roll it out nationally if all goes well.