Taxi booking applications have become increasingly popular in 2023 for the sake of convenience they offer. They are a lot faster than traditional methods. They are safer, have air conditioned facility, passengers get a chance to check the distance travelled and calculate the fare according to price per kilometer.
People wish to reach to their destinations fast and safe. In case they are frequent travelers, they look forward to cost – effective ways of commuting. Cab booking is a routine activity for people in metropolitan cities, who have to leave for work in early morning hours. Cabs are reasonable and ensure that the passenger is safely dropped to the selected location. Additionally, there are grievance portals that allow customers to chat with customer care representatives. They make the payment via various payment methods – credit, UPI, or cash. Taxis can be booked by phone, precisely from any room of your choice.
To go about taxi booking app development, mobile application development companies prepare a strategic plan to understand the market gaps and provide relevant solutions to the users
What is Bolt Taxi Booking App?
Bolt is an Estonian taxi dispatch software that was founded in 2013. It’s generally cheaper than Uber, but rates can vary depending on the city and time of day. Bolt charges 15% commissions to its drivers, which is almost half of what Uber charges. It allows users to request, cancel, see, and book a ride. Bolt is available in 30 countries.
Taxi booking apps feature fare splitting, live location through GPS, AI integration, and in-app tipping etc. It is all about prioritizing customer experience that is crucial to designing a user-friendly app that engages users.
Going by the figures
Some more things about Taxi booking app like Bolt:
- Bolt was founded in August 2013 by Markus Villig in Tallinn, Estonia.
- It offers special bonuses and extras to drivers.
- It aims to offer a secure service for everyone.
- Its gross profit rose from $1.2 million in 2021 to $2.2 million in 2022.
- Bolt’s revenue is expected to record a compound annual growth rate from 2020 to 2024 of 19.4%.
- User penetration is projected at 16.7% in 2020 and is expected to hit 18.4% by 2024.
Alternatives to Taxi Booking App like Bolt
Gett, Kabbee, Free Now, Ola, Viavan, Wheely, Xooox, iScripts UberforX, Jugnoo, Curb, Hailo
Features of Ride Hailing Apps Like Bolt
Bolt is a Best rideshare apps that offers lower fees and commissions than Uber. Bolt charges 15% commission to its drivers, which is almost half of Uber’s commission. This means that riders can also benefit from cheaper fares. Bolt offers various payment options, including credit/debit cards and digital wallets. Bolt offers its dispatch software to taxi businesses. The software allows drivers to automatically allocate assignments based on their location and predefined wait times. Bolt makes money through a franchising strategy that lets independent business owners use the company’s technology to launch their local ride-hailing apps. Users can choose a car to commute in, compare fares, book a cab and get the waiting time; they can reserve a ride from 30 minutes to 3 days before their expected pick-up time.
Bolt Taxi App Fees
- Base fare: $2
- Per km: $1.15
- Per min: $0.35
- Booking fee: 55%
Commission
- Drivers: 15%
- Uber: 25%
Cities
Copenhagen, Estonia, Spain, Finland, France, The United Kingdom, Georgia, Croatia.
Features of Bolt Taxi App that are useful for Mobile App Developers
Consumer App
- Quick and easy registration with phone numbers, email accounts, or social media for busy users.
- Instant real-time vehicle booking, no waiting or queuing, with an option to schedule in advance. Convenient in-app payment with various methods and an option to store money in a wallet.
- Access to trip history and the ability to provide feedback and rate drivers.
- Enhanced GPS for automatic pickup location tracking.
- Shared rides for 2-3 passengers at reduced fares.
- Vehicle selection for user comfort during booking.
- In-app GPS navigation for drivers and order alerts while on another trip.
- Drivers can switch between multiple vehicles for continuous earnings.
Driver App
- Trusted and verified registration process for drivers, including document submission.
- Prompt payment to driver-specific accounts, with the ability to update account details.
- Access to trip and payment history to track earnings and review journey details.
- Drivers can also provide feedback and ratings for passengers’ behavior during trips.
Technology stack that can be used to create a Taxi Booking App like Bolt
- Backend development: JavaScript, Java, PHP
- Web-based front-end: JavaScript, React.js
- Mobile-based front-end: Java and Kotlin (Android) Objective-C and Swift (iOS)
- Cloud servers: Google Cloud Platform
- Payment gateway: Apple Push Notifications Service (APN) Twilio Nexto Plivo Sinch, Stripe PayPal Braintree Apple Pay, Firebase Cloud Messaging (FCM) Twilio Nexto Plivo Sinch, Stripe PayPal Braintree Google Pay
- Database: Python, JavaScript, Node.js, Go, Swift, Objective-C, Stripe & Braintree (split fare option), PayPal’s Card.io, Core Location Framework (for iOS) / Google Location API (for Android), Hadoop, MySQL, PostgreSQL, SQL Server
Why should people use Bolt?
This is a close alternative of Uber for Android and iOS phone devices. Users often switch from Uber to Bolt as it is cheaper, and they can pay via credit cards and cash.
Why should you invest in taxi booking app development?
The evolution of taxi booking apps is still in its evolution phase. As the technologies continue to advance, top app developers can expect many exciting development in this field. Some of the key trends and innovations that will shape out taxi booking application development are the presence of autonomous vehicles, integration with public transportation, enhanced personalization, and integration with smart city initiatives.
Taxi booking applications are successful because they are able to address the pain points of traditional ways of booking rides. Passengers can enjoy cashless payments, request a ride in few clicks and set their locations with ease.
Bolt taxi calling app features lower fees and commissions. By building an app like Bolt, the businesses are able to track users and drivers locations in real time. They get an increased exposure, a higher return on investment, and great user reactions.
