5.4 Custom Pricing
For details on Custom Pricing, refer to the guide below:
๐ User Manual: Pricing Structure Configuration
This guide provides taxi companies with a clear and structured explanation of how to configure and manage pricing models using the admin panel. The platform supports two types of pricing methods under the Custom Rate section: Dynamic Pricing and Fixed Pricing. This enables operators to define flexible fare rules based on various business needs and service models.
๐ Navigating to Pricing Settingsโ
To configure pricing:
Click on the "Pricing" option located in the left-hand navigation menu.
Select "Custom Rate" under the pricing section.
Here, admins can view existing pricing rules or click on the "New" button to create a new pricing structure.
๐งพ Types of Pricing Structuresโ
1๏ธโฃ Dynamic Pricingโ
In this model, the fare is calculated based on real-time trip parameters. Admins can configure the following components:
๐ง Configurable Fields:โ
Base Fare: Initial fixed charge for every trip.
Base Kilometer: Distance covered under base fare.
Charge Per Kilometer: Cost applied per km after base distance.
Ride Time Charge: Fare calculated based on total trip duration.
Minimum Fare: The least chargeable amount, even if total fare is lower.
Waiting Time Charge: Fee is applied when a driver waits at the pickup location beyond a grace period.
Cancellation Charges: Fee is applied when a ride is cancelled by either driver or customer, based on set conditions.
Extra Passenger Charge: Additional fee for exceeding standard passenger limits.
Extra Luggage Charge: Fee applied for carrying luggage beyond the allowed limit.
๐งฎ Fare Calculation Logic:โ
If total calculated fare (base fare + per km + ride time) exceeds the minimum fare, then the calculated fare applies.
If the total fare is less than the minimum fare, the minimum fare is charged instead.
2๏ธโฃ Fixed Pricingโ
This model allows the admin to define a flat fare, regardless of distance or time.
๐ง Use Cases:โ
- Commonly used for airport transfers, point-to-point routes, or promotional fixed-rate rides.
๐ก Key Points:โ
The fare remains unchanged regardless of actual kilometers or trip duration.
Admins can still configure:
- Waiting Time Charges
- Cancellation Charges
- Extra Passenger/Luggage Charges
- Waiting Time Charges
โ ๏ธ Note: Fixed pricing is suitable when trip parameters are predictable or predefined.
๐ Vehicle-Specific Pricingโ
Admins can assign pricing structures to specific vehicle types. This ensures that pricing logic matches the operational cost and service level of different vehicle categories.
๐ Benefits for Taxi Companiesโ
Flexible Fare Models: Offer competitive and transparent pricing for different service types.
Automated Fare Calculation: Eliminates manual pricing errors and ensures consistency.
Operational Efficiency: Dynamic and fixed pricing gives companies full control over how fares are applied.
Improved Customer Experience: Clear and fair pricing helps build trust and reduces disputes.
โ Conclusionโ
With the Custom Rate system, taxi companies can effectively manage their pricing strategies, whether through a dynamic model that adapts to real-time trip details or a fixed-rate model for simplicity. This flexibility ensures optimized revenues, enhanced driver earnings, and a transparent fare structure for customers.
For further assistance, please contact your dedicated Customer Success Manager or refer to the platform's pricing configuration tutorials.