Case Study
Internet ride-sharing company Uber and Wesbank Full Maintenance Lease (FML) have adopted Ctrack’s FML solution.
Internet ride-sharing company Uber and Wesbank Full Maintenance Lease (FML) have adopted Ctrack’s FML solution.
Case Study: Uber & WesBank Internet ride-sharing company Uber and Wesbank Full Maintenance Lease (FML) have adopted Ctrack’s FML solution. This enables them to influence the earnings potential of each Uber driver-partner using telematics as the enabler. T he program is geared to provide new financing to Uber driver-partners that have been with them for at least three months. Firstly, an Uber driver-partner needs to qualify based on the number of trips and their customer satisfaction score with Uber. Driver-partners need to have completed at least 500 trips and achieved an average rating above 4.7 out of 5.0, rather than a traditional credit rating through a credit check. Once deemed eligible, a full maintenance contract is offered to the driver-partner. This includes maintenance, r