Uber Surge Pricing Updates to Tenths, Not Quarters
When Surge Pricing came out last year, it moved in quarter increments, like 1.25 to 1.5 to 1.75x. However, some drivers noticed last night that it was moving up in tenths:
I remember seeing many screenshots over Halloween that had tenths, like 4.6x or 9.8x. There were few stories floating around the internet that had a more precise surge pricing than before.
I don’t think this is a huge change but something to note. It may help driver’s income as it will be better to respond to small changes in demand. Say the demand was at 2.0 but now dropped to a level that would be about 1.85. In the past, it may go down to 1.75x until there was enough demand for 2x surge. Now, it will be able to move to 1.9 or 1.8x instead of 1.75x. It can also benefit the customer as well if the new surge pricing levels are below that of the previous system where the surge amount would go up or down in quarters.
Have you noticed this change recently? Do you think this would help or hurt your income? Do you think this would increase the cost of a surge priced trip?Have more questions about Uber or Lyft? Head on over to our Rideshare Driver Training Course! Driver Promotions