The conversation between human and AI assistant.
How do on-demand services (Uber, GrabCar and the likes) handle cash payments from clients to their contractors? How do they get their cut from the revenue?
How does the digital system work?
With a digital system, the client would still pay the driver in cash, but then the driver would use a mobile app to indicate that the ride has been completed and the payment received. This generates a digital record of the transaction and allows the company to take their cut. The driver may then have the option to cash out their earnings through the app or receive a direct deposit to their bank account.