Last week, Uber announced that they would be raising the booking fee for a second time this year. The first time around, the increase amounts ranged from $0.20 to $0.35, depending on the city, and it meant Uber was going to take a larger commission from each ride. This time around, the booking fee is going up by $0.15 – $0.50 in non POOL cities and by $0.20-$0.30 in POOL cities on X and POOL.
Uber advertises a 25% commission to new drivers but when you include the booking fee, their median commission is actually closer to 40%. Now it will be even higher. Uber made this announcement to all drivers last week via email and in the driver/rider apps. Uber says the increase is due to safety, operational and regulatory costs. And although drivers will still get paid the same amounts, it does mean that passengers will pay more for the same ride and Uber will keep a larger cut.