Bolt Launches Early Cashout Option For Drivers

Ride-hailing app Bolt has launched an on-demand cash withdrawal feature for its drivers to provide early access to cash earned on the platform from cashless payment methods and other earnings

Ride-hailing platform, Bolt, has launched an on-demand cash withdrawal option to further improve customer experience.

This would allow its drivers to provide early access to cash earned on the platform from cashless payment methods and other earnings whenever they need it.

“We strongly believe the feature will offer our drivers convenient, faster and effortless accessibility to their earnings in real-time.

In turn, increasing their productivity, workflow, and overall financial well-being,” Kenneth Micah, Bolt Regional Manager, East Africa said in an emailed statement.

The cashout product processes payments directly to drivers’ bank accounts; requests during business hours will be processed in less than an hour, while requests outside these hours on business days will be processed on the same day. 

Furthermore, early cashout requests made on weekends and holidays will be processed on the following business day.