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offline EpicMegatrax from Greatest Hits on 2019-04-28 04:34 [#02576162]
Points: 12371 Status: Addict

i was ordering up an uber to go back and collect my car
from the shop when the app had a brief grand mal and dumped
me into some "uber wallet" page. "add cash to your uber
wallet," it urged. "great," i think, "wire them cash in
advance so they can collect interest. no thanks." got the
app back on track.

now, i find out, it's actually somewhat more machiavellian
than that:

A big reason Uber is building Uber Cash is because once
it can control the flow of the money itself, it doesn’t
have to pay transaction costs on those purchases, and along
with another product it introduced in 2017, the Uber Visa
Card, it becomes a gatekeeper of its customers’



a) they collect interest
b) they dodge processing fees
c) they have customers more boxed in

i drove for uber for a while, and it was pretty brutal. if
you live smack in the middle of a city and you're good you
can do alright, but by and large, car maintenance costs
outstrip earnings in the long run.

meanwhile, this:


on the one hand, uber beats the fuck out of a taxi. on the
other, this is some next-level nutty grifter shit


online w M w from London (United Kingdom) on 2019-04-28 06:06 [#02576166]
Points: 21301 Status: Lurker

If paypal's involved, it's evil. Pretty easy to predict uber
is on a path of evil anyway since only evil can thrive in
this system.


offline Indeksical from Phobiazero Damage Control (United Kingdom) on 2019-04-28 09:07 [#02576167]
Points: 9951 Status: Regular | Show recordbag

I pay for my ubers from my paypal account. They're an
insidious company BUT the other week I got a cab one
direction in London, £45, and an uber back, £20. As a
consumer it's unbeatable.


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