Uber is now paying drivers instantly

http://gty.im/457199178

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.