Does lyft take cash – When using Lyft for the first time, probably you will be asking “Does Lyft take cash?”. Well, that question is quite common to ask because not everyone is familiar with Lyft payment method. Considering that Lyft is going more and more prominent every day. And now that the taxi-replacement service is used by so many people across USA and Canada.
So, you need to know about the payment method of Lyft. That way, when you use Lyft, you do not have to get confused about how to pay for the ride. Here is the explanation for you about Lyft payment method.
Paying Lyft Driver with Cash
After your trip with Lyft is completed, you must pay for it. Unfortunately you cannot pay the driver with cash. Cash is simply not included in the payment method options established by Lyft.
Instead of cash, you can choose other payment methods that are actually simpler than cash.
These cashless payment methods are including: Google Wallet, Apple Pay, credit cards, and Lyft credit. All of them are easily used and can be linked with the Lyft app on your phone.
After the trip is done, you will automatically pay the ride with one of the methods above that you have chose previously. This way, you do not even have to bring cash to pay for the ride.
Why Cash is Not Accepted as Lyft Payment Method?
There ere are some of the reasons why does Lyft take cash for no transaction in the company. Cash is not accepted as Lyft payment method because of the things below
Lyft does not want the driver or the passenger to be a target for theft crime. With cashless payment method, there will be no cash involved during the ride.
It is generally safer for both the driver and the passenger. All the passenger has to do to pay for the ride is using the Lyft app on the phone and they do not even have to take out their wallet to take some cash.
The company does not like cash payment because the company takes profit from the fare. If the passenger pays the ride with cash, all of them will be received by the driver only and the company gets nothing.
This is why cashless transaction is preferable in this business so that the company can get some profits as well.
With cashless payment, passengers do not have to get in rush to pay the driver. They do not have to pay for the ride immediately.
Once a passenger finishes the ride, he can simply leave the car and say goodbye to the driver. They can go to the app after that and rate the driver.
After the rating is done, the payment will be issued to your credit card, or to your other payment methods, such as Google Wallet account and Apple Pay account.
In conventional taxi rides, incident of forgetting the wallet or bringing no cash often happen. With cashless payment, passengers do not even have to worry about forgetting wallet or not bringing any cash.
And with no cash involved, they still can ride with ease and think about the payment later. This is why cashless transaction seems way better than the old-fashioned pay with cash.
Now it is clear that the answer to Does Lyft take cash? is basically a no. Every time you use the service of Lyft, you do not need to pay with cash.
You do not even have to bring cash when riding the car because you simply do not need the cash. All you need to do to pay for the ride is making sure that you have registered credit card and it is eligible to pay for the ride.