Let’s see if this helps NYC taxi cabs compete with Uber and Lyft.
Last month, a two year pilot program designed to combat surge pricing and promote competition for the city’s yellow and green taxis was released. Now, the app is expanding its service to outer boroughs as well, according to AM New York.
Waave, the app that was “created by New Yorkers for New Yorkers” was approved by the Taxi and Limousine Commission and allows passengers to get fare pricing upfront, guarantees surge-free pricing with a fixed fare, and allows users to see the estimated arrival times before they hail a trip. The arrival of the app to the outer boroughs comes at a much needed moment as the lack of transport options seems to be increasing daily with subway shutdowns.
Just like any other taxi ride, 50 cents from every Waave ride will go toward the MTA’s transit system, while another 30 cents of that ride will be contributed to the Taxi Improvement Fund. This new technology should help taxi cab drivers stay competitive with their Uber counterparts and help New Yorkers avoid that dreaded surge pricing.
Featued image: waave.co