Uber Fares Will Soon Be Based On How Much Uber Thinks You’re Willing To Pay

If you’ve ever hailed an Uber ride and thought afterward that you paid a lot less than you should have, those days may soon be over. The company’s latest change to its pricing model will offer you a rate that isn’t based purely on time and distance, but on what Uber’s computers think you’ll be willing to pay. Uber executives revealed the “route-based pricing” system in an interview with Bloomberg today, noting that the currently-being-tested fare-setting system will be used in the 14 cities where Uber carpooling service is available.
Read more: https://consumerist.com/2017/05/19/uber-fares-will-soon-be-based-on-how-much-uber-thinks-youre-willing-to-pay/?source=Snapzu