As a Rider, you agree that any amounts charged following a ride (a “Charge”) are due and payable immediately upon completion of the ride. Charges include Ride Fees and other applicable fees, tolls, plus any tips to the Driver that you elect to pay.
As a Driver, you will receive applicable Ride Fees (net of CoolRyds’ Administrative Fee, as discussed below) and any tips provided by Riders to you for the Services you provide. CoolRyds will process all payments due to you through its third party payments processor. You expressly authorize CoolRyds to set the prices on your behalf for all Charges that apply to the provision of Services. CoolRyds reserves the right to withhold all or a portion of Ride Fees if it believes that you have attempted to defraud or abuse CoolRyds or CoolRyds’ payment systems.
In exchange for permitting you to offer your Services through the CoolRyds Platform and marketplace as a Driver, you agree to pay CoolRyds (and permit CoolRyds to retain) a fee based on each transaction in which you provide Services (the “Administrative Fee”) The amount of the applicable Administrative Fee will be communicated to you in an Administrative Fee schedule. CoolRyds reserves the right to change the Administrative Fee at any time in CoolRyds’ discretion based upon local market factors, and CoolRyds will provide you with notice in the event of such change. Continued use of the CoolRyds Platform after any such change in the Administrative Fee calculation shall constitute your consent to such change.
CoolRyds, at its sole discretion, may make available promotions with different features to any Drivers or prospective Drivers. These promotions, unless made to you, shall have no bearing whatsoever on your Agreement or relationship with CoolRyds.