New TNC ‘Hype’ releases fare rate

UNTV News and Rescue

Filipino-owned transport network company (TNC) Hype

 

MANILA, Philippines — The newest ride-hailing service company “Hype” has now released its fare structure.

Hype’s base fare is P40 with additional charge of P14 per kilometer for their Sedan cars.

Meanwhile, P30 will be the base fare for carpooling service with an additional P9.50 per kilometer rate. Though new, the transport network company’s (TNC) fare rate is somehow similar to that of Grab.

“We don’t have per minute [rate] and no hidden charges,” said Nick Escalante, Hype’s President and CEO.

Students, senior citizens and persons with disability (PWD) will automatically get discounted fares. Passengers can book a ride even without internet connection but by simply using SMS or text messaging applications. The Hype app also has an “SOS” button feature that drivers and passengers may use in times of emergencies.

“Hype” can accommodate up to 65,000 transport network vehicle service (TNVS) drivers as approved by the Land Transportation Franchising and Regulatory Board (LTFRB) It vows to implement a “one-strike policy” apprehension among its drivers in the event of violations.

The “Hype” app can be downloaded beginning May 19 while its operations will officially start on May 26.

“Hype” is just one of the new TNC players in the country along with Golag, Hirna, Micab, Owto and U-Hop. — Grace Casin | UNTV News & Rescue

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