Fare management is an integral part of any industry, and taxi business is no exception. One wrong move and you can lose customers to your competitors, putting an end to your business growth. And so, to ensure channelized cash flow while engaging more customers, taxi operators need a reliable fare management system. Here is how TaxiMobility can automate fare management and make the process a cakewalk for taxi owners. Fares differ from one ride to the other based on various factors such as distance traveled, time taken to cover the distance, vehicle type, vehicle waiting time and much more. With the multitude of components involved in fare estimation, calculating ride fares using manual methods is time-consuming. On the contrary, TaxiMobility executes the predefined terms and conditions to give precise fare output in no time. Here’s how you can set your own ride fares based on multiple criteria: Distance-based fare In distance-based fare calculation, the taxi operator sets a minimum