Taxi Booking Mobile App Development Cost & Features

App	Revenue
Uber	$71 billion
Didi	$31 billion
Grab	$26 billion
Go-Jek	$18 billion
Lyft	$13.4 billion
Ola Cabs	$276.4 billion
Bolt	$4.7 billion
Careem	$3 billion
Cabify	$1.4 billion
Gett	$1 billion

Uber has already reached the heights in less than 10 years and has a market capitalization of USD72 billion. This is their global market worth.

Look at the graph to see their annual growth:

Here are some statistics about the company.

• Uber generated USD 12 Billion in gross bookings during the third quarter.
• It has 75 million active riders in nearly 80 nations.
• Over 5 Billion has been taken by the company to date.

Business models for Taxi/Cab Bookings Mobile App Business

Now, we will discuss the two main business models for on-demand taxi booking apps:

1. Taxi booking app

These apps are for taxi businesses or individuals who have a fleet of vehicles. They simply need to get an app made for them and then launch it in the app store. To increase their user base and get more taxi requests, they will need to promote these apps. They have the advantage of existing customers and can grow by introducing new customers to their app users.

This scenario allows users to book their cars through these apps. Taxi owners must share information such as the price, time, and location of the service with users. They also have to ensure that the taxi is available to the passenger within the shortest possible time.

2. Booking App for Aggregator Taxi

Similar to Ola and Uber, this one allows you to book taxis. These apps serve as a platform for taxi companies and private taxis. To start offering their vehicles for hire, taxi owners must register their cars under these apps. One person can make money by offering his car to be used as a taxi. The app allows users to download the app and make a booking via the app. You will need to provide your pick-up location and destination. Once the ride is completed, the app calculates the fare.

Monetization Opportunities For Taxi Booking Mobile App

1. Commission

Drivers are the source of this income. Drivers are charged a commission by the app owners, which can vary from 20 to 25?pending on how many bookings they make. A service fee is also charged by the aggregator app to passengers for booking taxis through the app. This hidden charge is added to the final price. These apps make money by charging cancellation fees. Users who cancel a ride must pay a certain amount as cancellation fees.

2. Advertisement

Allowing advertisements from other brands to your application is the best way to generate revenue. To survive in the long-term game, third-party promotions are essential. It is possible to work with other brands and effectively promote them on your app's home page. These third parties will not be charged any money if you don't charge them. You can also earn via cost-per-click or cost-per-mile.

Top Taxi Booking Mobile Apps All Over The World

There is great potential for new hospitality and travel mobile apps. However, many are doing well and making good cash. Let's take a look at some of the top-performing taxi booking apps.

1. Uber - Affordable and Easy Trips

This app is available for both Android and iOS. This app is available in nearly 445 cities and 70 other countries. It integrates with online payment services and accepts cash in certain cities in India, Kenya, and the Philippines.

2. Lyft – Become a driver or get a ride with Lyft

This app is most suitable for Americans as it is accessible in over 200 U.S. cities. It is available for iOS and Android. Users can split the fares directly through the app.

3. Gett - Taxi Cab Booking App

This one is also available on all platforms and gives Uber a hard fight. This cab service is a firm believer in drivers and passengers treating each other well. This app has a great feature: Users can book their ride up to two weeks in advance, and they can cancel the surge pricing. This app is available in more than 100 cities across Europe and the U.S.

4. Grab

Want a safe drive? Grab is a safe and reliable app for booking taxis. You can pay with cash, credit, or Grab credits. You can download the app from both the iOS app store and the Play Store.

5. Curb - The Taxi App

It is available for both Android and iOS. The app is widely regarded as one of the most popular taxi booking apps in America. The app offers the option of the ride now or later, pair and pay, and ride now. This app allows drivers to take taxis. They must meet the requirements for driving experience, license, and driving qualifications.

6. Juno

It is available on all platforms and is one of the most reliable and trusted taxi booking services. This cab service offers three options: quick, SUV, and stylish. Depending on their style and budget, users can choose from any of these three options.

7. Hailo

It is one of the best taxi booking apps in Ireland, Spain, and the United Kingdom. The app is simple to use, and passengers can book a taxi in just a few clicks. What makes this app so special? It is loved for its features such as the history of trips, car options, online payments, and receipts.

8. Ola - RideHailing App

This one is available for both Android and iOS and has many features that make it stand out from the rest. This app has many features, including GPS tracking and booking options such as Ola mini sedan or SUV. This app allows you to compare the prices of all types of cars.

9. Easy taxi service

This cab service covers more than 400 cities with 25 million users. It is extremely important to ensure the safety and security of their passengers. You can download it from both the App Store and the Play Store.

10. GoCatch

GoCatch is a trusted and reliable app for booking taxis in Australia. Because of its low fares, it is popular in Australia. You can download the app on both Android and iOS devices.

The Taxi Booking App: General Features

For Passengers Panel

• Sign-up/Social Login
• Manage and create your profile
• Booking a taxi on demand
• See the estimated wait time for taxi arrival
• Vehicle tracking in real-time
• Flexible billing and payment options
• Push Notifications, SMS Alerts, Emails & Push Notifications
• Give feedback and rate drivers
• Check out the cab prices and other options
• Book ahead
• Auto-generated bill
• In-app currency payments
• View your booking history

For the Driver Panel

• Customers can update their availability
• Accept/Deny customer booking requests
• Push notifications
• Chat and call customers in-app
• Live map navigation
• Review and rate the products
• Automated fare calculation
• See trip routes
• Accept online and offline payments

For the Admin Panel

• View/Manage drivers
• Schedule cab availability and manage cab scheduling
• See trip routes
• Increase rates and manage rate cards
• Get discounts and special offers
• Track cabs
• Review/Manage feedback and reviews of drivers
• Daily reports to generate revenue and transactions
• Manage geolocation boundary

Additional Features to be Included in a Taxi Booking App

You must be able to compete in this market. Including unique and innovative features can help you keep ahead of your competitors and increase the number of users. To make your app stand out, here are some of the most important features.

1. Driver/User Authorization

This feature allows drivers to obtain authorization to drive the car using the app. They are granted permission to book and associate with the mobile app.

2. Auto Dispatch Software

Drivers can now manage all of their bookings through this app. They don't have to travel to each place but can keep an eye on them all in one place. They can also get proper instructions about where they have booked.

3. Driver Queue Algorithm

This method is best for helping taxi service owners find out the number of taxi drivers and taxis in one area. These can then be sent to users who are trying to book a taxi. The process takes only 2-5 minutes and the user is not required to be intimidated by the taxis nearby.

4. Surge Pricing

Taxi drivers can increase the price to make more profit if there are fewer taxis available on certain days due to high demand.

5. Zone Pricing

Each city zone might have its own rules, laws, roads, and times. These zones may have different pricing. This allows taxi drivers to make more money.

6. View the Heat Map

This feature lets app owners see information about cars that provide services during peak hours. You can also allocate more cars and drivers in this way.

7. Phone number masking

You can choose to keep your personal information private if you don't want to share them with drivers or vice versa. One can protect his number with the help of an app-based call feature.

8. Loyalty programs

You could offer your passengers and drivers loyalty programs that include discounts, coupons, and other perks. This feature is always a draw to the app and makes them more likely to use it.

9. Analytics in Real-Time

This feature allows app owners to see the number of taxis in service as well as the positions of those vehicles. This allows them to see how their app is performing at any given time and the number of people using it. They also get information about the person who makes bookings through it.

10. Multi-lingual Support

This feature is the best because it allows foreigners to book taxis online without having to communicate with them and ask for their permission. This is the best option for tourists.

11. Automated Driver Payment

This integration allows one to link their bank account or digital wallet directly with the app, and all deductions will be made directly from their accounts. This allows them to save time and eliminate the need for cash and wallets.

12. Multiple payment options

These taxi-booking apps have advanced payment methods, including online banking, cards, and mobile wallets. It has been very useful and convenient.

13. Push Notifications

Push notifications would notify the user when he books a cab. Users would not be afraid if the cab arrived at their location. These push notifications are also used to notify the user about any discounts or new offers that the app has launched.

14. Sign-up/Social Login

Each user must have his account. Before you can use the services, everyone needs to register. They can save their favorite locations and add payment options. It's a smart idea to connect social media accounts to the sign-up process. This saves users time as they don't have to type all their information again.

15. Fare Calculation

It allows users to calculate how much they'll spend on one ride. This allows one to calculate the cost of the ride before they take it.

16. Bill Splitting

Is it possible to split the bill in two and make payments from each of your accounts? Well, yes! Two people may share a ride and pay the bill. This allows them to each pay their part, keeping everything transparent.

17. Multiple bookings

No longer can one booking be made using one account. New-generation apps allow users to make multiple bookings simultaneously for their friends and family.

18. Book a Cab For A Friend

This feature allows you to book a taxi for your friend, even if they are in a different place. To book a taxi for a friend, all he or she needs to do is input the pick-up and drop information.

19. In-App Call

The user may be in a hurry and need more time or patience to call the driver regularly. They can tap the icon to connect to the driver using the built-in call feature.

20. Emergency Contact

Users can save their emergency contacts to be able to call them in the event of an emergency.

21. POP Mode Live Tracking

This feature allows you to share your booking status with a friend or family member, which will allow them to track the location of the taxi.

22. Smartwatch Access

Smartwatches have become the latest accessory. You can even book a taxi with them. These apps can be accessed from your smartwatches, making bookings and paying through them.

Technology Stack for Taxi Booking App Development