5 reasons why London taxi drivers should try driving with Bolt this summer
17 Jul 2023
If you’re a London taxi driver, odds are you probably know thatwe launched a black cab category earlier this year. With the support of hundreds of interested drivers, we were able to launch and provide the opportunity of introducing Bolt customers to one of the best ways to travel around London.
Tapping into the expertise and knowledge that London taxi drivers possess has been a humbling experience for the Bolt team. When we launched Bolt Black Cab we understood that there might be mixed opinions from the London taxi community (and that’s okay) but if you’re willing to hear us out, we’ve got a few great reasons why you should give Bolt a go.
1. Familiar Pricing
Earning money by driving with Bolt is really simple — you’ll earn full metered fares for every trip.
When you complete a journey on the Bolt platform, passengers are obliged to pay the metered fare;
As journeys arranged via Bolt are online bookings, they are subject to a £2 booking fee added on top of the metered trip fare;
We then charge London taxi drivers £2 commission on every trip. Since this isn’t higher than the booking fee, you will not find yourself out of pocket.
You’ll receive a weekly payout (usually on Mondays) and can request a same-day cashout for a small fee of 50p. Your payout also includes any tips that you may have received from passengers the week prior. You’ll keep 100% of your tips made while driving.
2. The only taxi app you really need
Many taxi drivers enjoy generating their income by completing jobs made by finding customers hailing a cab from the street and if that works best, we highly encourage you to continue doing it.
However, we notice that many taxi drivers have decided to use the Bolt Driver app during quieter periods of time and some have integrated it into their daily driving schedule.
We’ve worked closely with London taxi drivers to make sure the category is tailor-made to include features that they want to have in a driving app. We even introduced a unique taxi driver customer service line just for London taxi drivers.
We also frequently gather feedback from taxi drivers to learn what’s working and what could be improved. This real-time feedback loop has already allowed us to improve the way certain information was displayed in the Bolt app earlier this spring.
3. Full control over where you drive
When conducting street work there’s always that element of unpredictability if a customer wants to go to a quiet or remote part of the city or beyond.
Depending on your schedule, it can be beneficial to have an added layer of visibility while driving and this is an area where Bolt can be really useful.
When an order comes through the Bolt Driver app you’re able to see the address in advance. This allows you to decide whether or not you’d like to accept the order and drive to that particular area.
4. Access to millions of potential new customers
Bolt operates in 45 countries and 500 cities around the world. Many visiting customers rely on Bolt as their primary transport provider in their home countries.
In addition to taxis and ride-hailing we also have e-bikes, scooters, car rental, and food delivery in certain parts of the world. When these customers visit London, they often check Bolt first to see if they can take a trip somewhere.
As the second largest rides transport app in London, many locals rely on Bolt to move around. Introducing London taxis to the Bolt app was a request that was frequently requested by local users.
5. Earn easy cash by referring fellow taxi drivers
When you drive your taxi with Bolt, a significant benefit is that you can often earn additional money by referring fellow taxi drivers. Here’s how it works:
Check the banner underneath the Go online button — you can also see how much you and your friend will earn if they meet the referral criteria;
Share your referral code with your friend. They need to add it to their registration form when signing up and successfully complete their application (this usually takes 1 working day);
The referred driver must then finish the required number of trips in the specified period of time;
You will both receive your cash reward the week following the rides being completed;
You can refer as many eligible taxi drivers as you wish! (T&Cs apply.)
Sign up to drive today
These are just a few of the many benefits of driving on the Bolt platform. If you’d like to increase your earnings by driving with Bolt, sign up today!