Hitchhyke operates a unique pricing model that allows drivers to maximize their earnings while offering affordable transportation to riders. This article explains how the subscription model and platform fee system work.
How It Works
Subscription Fee
- A fixed monthly amount paid by drivers to access the Hitchhyke platform.
- Lowers the platform fee per ride, allowing drivers to keep more of their earnings.
- Higher subscription levels unlock additional benefits like cash ride acceptance and direct bookings.
Platform Fee
- A percentage-based fee taken from each ride fare.
- The percentage decreases when a driver subscribes to a higher-tier plan.
- The passenger still pays the full trip fare, but Hitchhyke deducts the platform fee before sending the driver’s earnings.
Third-Party Fees
- Fees that Hitchhyke passes to the passenger, such as:
- Payment processing fees (charged by card processors).
- Currency conversion fees (if applicable).
These fees do not affect the driver’s earnings.
Subscription Tiers
Note: These figures are illustrative; actual fees and rates may vary.
TIER NAME |
SUBSCRIPTION FEE (JMD) |
PLATFORM FEE (%) |
CASH RIDES ALLOWED (up to a predefined limit) |
DIRECT BOOKINGS ALLOWED |
Hyke Pro |
$30,000 |
10% |
YES |
YES |
Hyke Basic |
$10,000 |
20% |
YES |
NO |
Hyke Free |
$0 |
30% |
NO |
NO |
Example Scenarios: