Vecto is eager to provide an alternative app to help drivers earn more and make their time and effort worth their time on the road!
Our process is so simple, from the total amount paid by the rides
we extract the following fees:
- Service fee: $1
- Technology maintenance and development fee: 3.9% of the trip total fare. Our developers have a vital role to play in the ongoing success of our platform. This charge is to cover the costs associated with maintenance, development, and adding new features and elements.
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Authorities’ fees: any fees that need to be paid to the authorities such as county or city dispatch fee, airport surcharge, etc.
NOTE: PLEASE NOTE THAT WE CURRENTLY DO NOT PROVIDE TNC INSURANCE, AND WE ARE WORKING WITH SOME PROVIDERS TO ADD INSURANCE COVERAGE TO OUR DRIVERS VERY SOON.
Trip example and comparison VS other rideshare apps:
- Trip example made by vecto
- Trip from Georgia ave NW, Washington DC, to Palermo dr, silver springs MD / distance: 6.3 mile / duration: 23 minutes
Base fare | $1.15 |
Distance | $4.03 |
Duration | $9.20 |
Vecto fee | $1.00 |
DC electric dispatch | $0.92 (6%) |
Technology fees | $0.64 (3.9%) |
Total | $16.94 |
Customer paid | $16.94 |
Vecto fees + technology fees + DC dispatch fees | $2.56 |
Paid to VECTO driver | $14.38 |
VECTO mission is to empower drivers and allow them to earn more.
Same trip with another provider
trip from Georgia ave NW DC to Palermo dr, Silver Springs MD
Customer paid | $20.99 |
Paid to the platform | $11.24 |
Paid to driver | $9.75 |
