How much is Bolt commission in Nigeria?

Bolt charges a commission of 20% on every trip across Nigeria. As a Bolt driver, you also need to factor in operational costs. We recommend you find out how to optimally deduct your operating costs (car repairs, fuel, etc.).

What percentage is Bolt commission?

While Bolt charges a commission of 20% on every trip across Nigeria, Uber charges 25% as commission.

How much commission does Bolt take from drivers?

Bolt charges a 15% to 20% commission from the final price per order depending on the city. Commission fee applies to both cash and card rides and cancellation fees. Commission doesn’t apply to tips, bonuses, additional airport or toll fees. Commission is calculated automatically and deducted from the weekly earnings.

How much does Bolt charge per hour in Nigeria?

According to the company, Lagos customers will now be charged the base fare of N280 for Bolt and #300 for Bolt Corporate. The charges for Bolt and Bolt Corporate riders per hour has now been set at N78 and N80 respectively. Also, customers will now be paying N13 per minute on Bolt and N15 for Bolt Corporate.

How do I pay Bolt commission in Nigeria?

How to pay commission in Nigeria
  1. You can check your balance in the app. …
  2. You will receive a virtual account number. …
  3. Please use your banking app, agent or bank to deposit the payment. …
  4. Note: You do not need to enter a reference number when making the payment.

How much does a Bolt Courier earn?

Bolt Driver Earnings – The Real Numbers

According to Bolt, the driver’s average salary is R8,000 per week, however, based on our experience (with my friend), if you’re in Johannesburg, you’re likely to make between R6,000 to R6,900 per week.

How much can I make from Bolt daily?

The national minimum wage is NGN 35,000. If you’re one of the top drivers in Lagos, you could make NGN 311,000 at the end of the month. If you’re in Abuja, you’d make NGN 290,000 and in Benin City, you’d make NGN 324,000. Bolt driver earnings depend on two factors – performance and efficiency.

What is Bolt booking fee?

Despite complaints of constant price surges on the platform, Bolt has announced the introduction of a 3 percent booking fee on all trips. According to the company, this would cover operational costs and enable the improvement of features to make Bolt the best way to move around.

How do Bolt drivers get paid?

When Do Bolt Pay Drivers? Bolt pays – releases funds to – drivers once per week, every Monday morning. You’ll get both your weekly income and bonuses from promotions. The money will reach your banking account on Tuesday, depending on who you bank with.

Which is cheaper Bolt or Uber?

Verdict: Comparing the rates of both Uber and Bolt, it appears that Bolt’s transport rates are usually cheaper than Uber’s rates. This is an advantage for both customers and drivers.

How much do Bolt drivers earn in Nigeria?

Top-performing full-time Bolt drivers in major cities such as Lagos can make up to ₦350,000 per month. Part-time drivers taking trips during their commutes to work and back in major cities can make up to ₦25,000 per week.

Is Bolt better than Uber?

What’s different about Bolt? The key difference for drivers is the low rate of commission charged per journey. Drivers are only charged 15% of the journey cost, compared to Uber’s 25%. The pricing is also marginally cheaper, with a base fee of £2.50 which is better for riders.

Does Bolt work in Lagos?

Wherever you are in Lagos, count on Bolt for rides in minutes! From Murtala Mohammed International Airport Ikeja to the Island, Bolt is a tap of a button away.

How much can I make from Taxify in Nigeria?

If you commit to this business full-time, you can make between N50,000 and N70,000 per week.

Does Bolt charge for waiting?

Paid time waiting – this fee compensates drivers for any time spent waiting for riders after they arrive at the pickup point. The fee comes into action 5 minutes after a driver arrives. To avoid incurring this fee, request a ride only when you’re ready to meet your driver.

How much does Uber pay car owners in Nigeria?

Partners make as much as N100,000 in a week

If you are also a Partner, you can make between N40,000 – N100,000 a week as a partner. Gbenro thinks this amount can be more if you have time to drive yourself and you use your own car.

How much does Bolt make a month?

If you’re one of the top drivers in Johannesburg, you could make up to R30 000 at the end of the month. If you’re in Cape Town, you’d make R25 000. Bolt driver earnings depend on two factors – performance and efficiency.

How much does a Bolt driver make per month?

Bolt Salary FAQs

The average salary for a Driver is ZAR 10,000 per month in South Africa, which is 7% higher than the average Bolt salary of ZAR 9,268 per month for this job.

How do I claim my Bolt money?

Issue Refunds
  1. Log into the Bolt Merchant Dashboard.
  2. Select Transactions at the top of the page.
  3. Locate the transaction that you are looking to refund. …
  4. Select the transaction to open the transaction details; Note that only transactions with a status of Completed can be refunded. …
  5. Select Issue Refund.

How much does Taxify charge per km in Nigeria?

For Taxify, as at the time of writing this, Taxify has a base fare of N300, N65 per km and N6 per minute. Not much of a difference! Both companies however claim that prices are subject to demand. Let’s take them for a spin at 5pm from Okota to Four Points by Sheraton on the Island.

How do I register my car with a Bolt in Nigeria?

Certificate of road-worthiness. AutoGenius Vehicle Inspection Report.

Driver requirements:
  1. Hold a valid driver’s license.
  2. Attend driver training for service quality and use of the Bolt driver application.
  3. A smartphone with GPS.
  4. A clean criminal record.
  5. Additional documents for Lagos: LASDRI Card, Driver Badge and LASRRA Card.

Does Bolt work 24 hours in Lagos?

As you may have heard, the nationwide curfew has been eased and movement is now permitted between the hours of 4 a.m. – 10 p.m. If you need to move, we’re here for you.

Can Bolt give you a car?

Can this vehicle be taken for personal use /private vehicle? Yes. However, remember that this is only for drivers that need vehicles to drive on our platform.

What happens if I dont pay Bolt?

In case of a failed payment, your balance will be negative. You will have the possibility to top-up your balance for it to be positive. Alternatively, the debt will be charged when you place a new order. After a top-up or paying for the new order, your balance will be 0.

Does Bolt charge per person or per trip?

Fares. You are entitled to charge a fare for each instance you have accepted a Passenger on the Bolt Platform and completed the Transportation Service as requested (i.e. Fare).