Uber comes up with its Flexible Pricing Service

Uber, a well-known ride-hailing company, is now testing its flexible pricing service, which lets commuters bid a specific fee for their route, in a number of Tier 2 and Tier 3 towns in India.A representative for Uber stated in a statement, "We are currently piloting this feature in some of the tier 2 and 3 markets in India.Additionally, Uber Flex is being tested in Latin America, Kenya, and Lebanon. In contrast to Uber's conventional pricing structure, Flex lets users choose from nine pricing points and bid any amount they like, with a default price already chosen.Drivers in the vicinity can then accept or decline the ride based on the fare that the passenger has chosen.In a similar vein, drivers can quote their charges to the user. The ride is finalized once they select the driver whose offer most appeals to them. Currently, users of inDrive, another ride-hailing app, can manually enter a certain fare. In Drive announced its intention to use the $150 million it raised in February of last year to assist its ongoing growth as well as customer acquisition and retention.

Uber is working on a new feature called "Uber Flex" that would let Indian customers select the fare that suits them best. The function, which is presently undergoing testing in a number of Indian locations, is anticipated to allay worries about rising ticket prices. The Uber Flex function was first tested in October of last year, according to a TechCrunch article. The Uber Flex feature was tested in several Indian cities, including Aurangabad, Ajmer, Bareilly, Chandigarh, Coimbatore, Dehradun, Gwalior, Indore, Jodhpur, and Surat. Uber informed the publication, "We are currently piloting this feature in some of the Tier 2 and 3 markets in India."