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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’ spending. so: 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 |
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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. |
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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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