Uber To Accept Cash Payments

The news that Uber will be accepting cash as mode of payment went viral and struck the Uber operators/drivers like a storm!

Photo from http://www.moneygirlphilippines.com/where-can-i-invest-my-money/

This week, Uber drivers/operators received an e-mail message regarding the acceptance of payment for an Uber ride in the mode of cash.

Yes you read it right! C-A-S-H!

We all knew that Uber is a cashless mode of transportation -- not for long! Uber has told their drivers/operators that there would be a cash payment experiment on the weeks to come. Uber will be having this experiment ONLY FOR A FEW riders which may be selected in random, which means not all Uber riders could have the option of cash payment. Whew! Great relief for the drivers/operators who are not yet close to the fact of this new mode of payment.

Video from Uber Manila in YouTube

You might want to watch the video provided by Uber Manila for their operators/drivers. It contains lots of information you might need.

"How about the safety of the ride given that Uber can now accept cash payment and no credit card will be needed?" - NO! You got it wrong!
Uber will only grant the cash payment to the existing riders who have their credit card registered during the experiment which means the identity of the rider will still be valid and identified as real.

We did some brainstorming here in Uber and Grab News PH HQ and made some hypotheses on how Uber will implement this new mode of payment in the near future after the experiment.

Here are some of our hypotheses*:

• A new rider won't still be allowed to register without a credit/debit card. This is for the confirmation of the real identity of the rider.
• Cash basis will be offered to all riders, given that they also registered with a credit/debit card. Just think of it as a safety measure. Ask yourselves, where will Uber charge the fare adjustment if the rider only paid by cash? -- from their credit/debit card!
• Fare adjustment shall be charged from their credit/debit card given that they have already left the ride which is more logical because you don't want the rider leaving your driver with the wrong payment, right? Uber might foresee that coming and has thought of this safe way of charging the rider.

Those are some of our hypotheses. You might want to share your own guess of how it would be in the future, tweet it @UBERandGRABnews !!!

God bless the Philippines!

*hypothesis - a supposition or proposed explanation made on the basis of limited evidence as a starting point for further investigation. This means that those are just speculations/guess based on the current facts used for the investigation/analysis.