Fees & Service Charge Schedule

miles2believes in building a safe, trusted ride-sharing community. Policies outlined below are meant to encourage growth and success of2 ridesharing community

Upon getting into the vehicle to share ride, Rider pays to miles2share based on shared distance and below specified pricing for USA and India. miles2share, after keeping a service charge as specified below, transfers the balance to driver.

USA

Average cost of driving a vehicle (4 wheeler - car, jeep etc.) including the vehicle depreciation, maintenance and cost of fuel is about $0.60 (60 cents) per mile. To encourage users to be both driver and rider, the cost per mile is $0.30 (30 Cents). This includes miles2share service charge of $0.05 (5 cents) per mile. If users are swapping roles to be rider and driver, they can earn back the spent amount the very next day.

Example of transaction:

1) Rider will pay $0.30 (30 cents) per mile to miles2share. For a 20-mile trip (for example: home to office), this will result in the rider paying 20*$0.30 = $6.00.

2)Driver will earn $5 for a 20-mile trip ($0.30 paid by rider less $0.05 miles2share service charge per mile).

3) Service Charge: miles2share will keep $0.05 (5 cents) per mile as service charge. For a 20-mile trip (for example: home to office), miles2share will earn $1 (20miles *$0.05 = $1.00) before paying the balance $5.00 to driver.

Refunds: Any dispute or failure of a shared ride should be claimed by rider within 24 hours from the time of sharing a ride and will be settled by miles2share within 5 business days. Rider can claim up-to 100% of amount paid for the ride.

Note: Fees & Service Charge schedule is subject to change in future

INDIA

To encourage users to be both driver and rider cost per KM is ₹4.00 for 4-wheeler and ₹2.00 for 2- wheeler with miles2share service charge of 10%. If users are swapping roles to be rider and driver, they can earn back the spent amount the very next day.

Example of transaction using 4-wheeler:

1) Rider will pay ₹4.00 per KM. For a 10-KM trip (for example: home to office), the rider will pay 10*₹4.00 = ₹40.00

2) Driver will earn ₹36.00 for a 10-KM trip (₹4.00 paid by rider less ₹0.40 miles2share service charge per KM).

3) Service Charge: miles2share will keep ₹0.40 per KM (10%) as service charge. For a 10-KM trip (for example: home to office), miles2share will earn ₹4.00 (10 KM*₹0.40 = ₹4.00) before paying the balance ₹36.00 to driver.

Refunds: Any dispute or failure of shared ride should be claimed by rider within 24 hours from the time of sharing a ride and will be settled by miles2share within 5 business days. Rider can claim up-to 100% of amount paid for the ride.

Example of transaction using 2-wheeler:

1) Rider will pay ₹2.00 per KM. For a 10-KM trip (for example: home to office), the rider will pay 10*₹2.00 = ₹20.00

Driver will earn ₹18.00 for a 10-KM trip (₹2.00 paid by rider less ₹0.20 miles2share service charge per KM).

Service Charge: miles2share will keep ₹0.20 per KM (10%) as service charge. For a 10-KM trip (for example: home to office), miles2share will earn ₹2.00 (10 KM*₹0.20 = ₹2.00) before paying the balance ₹18.00 to driver.

Refunds: Any dispute or failure of shared ride should be claimed by rider within 24 hours from the time of sharing a ride and will be settled by miles2share within 5 business days. Rider can claim up-to 100% of amount paid for the ride.

Note: Fees and Commission Schedule is subject to change in future