Uber will soon be able allow its riders to pay with their iPhones, making it easier for the ride-hailing company to find the cheapest gas and electricity.
The app will allow drivers to set a deposit, set the pickup time and pay for a ride, as well as set up payment options such as Paypal.
If the deposit is more than the vehicle’s capacity, the driver will have the option to increase the fare.
The new feature was revealed during a meeting of Uber’s board, and the move is a logical one.
Uber’s drivers have traditionally been the most expensive to operate, with the average price for a one-way trip in Los Angeles ranging from $4,000 to $7,500, according to data from data analytics firm iSpot.
That’s due to the company’s extensive network of drivers, which includes those who pick up passengers at a popular Los Angeles subway station.
The company’s new pricing will also help Uber to stay competitive with the likes of Lyft and Grab, which have both been experimenting with mobile payment services.
Lyft and GoDaddy’s GoRush mobile payment apps are available on iOS and Android devices.
The UberX app, however, has been unavailable for several months due to a security breach, which means it won’t be available for purchase until later this year.
Uber is expected to launch the app in late 2017.