Lyft and Payfare announced they have extended their markedly successful Lyft Direct partnership. The Lyft Direct debit card and banking app offers drivers a robust digital banking platform, free instant pay, and a cashback loyalty rewards program. Through the Payfare-powered Lyft Direct platform, drivers can instantly access their earnings after each ride for better financial management, track spending, and receive exclusive offers and discounts through the Lyft Direct app. The cashback rewards system is also beneficial as drivers save on a commodity they use every day—gasoline—as well as other routine purchases.
“Drivers can earn when, where, and for however long they want driving on the Lyft Platform, so they should also have access to those earnings whenever they need them,” said Jeremy Bird, EVP of Driver Experience at Lyft. “Our partnership with Payfare provides drivers with immediate access to their finances via Lyft Direct, whether they are saving for their wedding, providing for a family, or trying to earn some extra money on the side to support their passions and dreams.”
Payfare CEO and Founding Partner Marco Margiotta added, “We are thrilled to continue our partnership with Lyft through the extension of Lyft Direct. Our mission has always been to empower gig economy workers with financial tools that improve their lives. By providing instant access to earnings and valuable cashback rewards, we are helping drivers on the Lyft platform achieve greater financial security and independence.”
Learn more about Lyft Direct here.
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