A user can generally choose four types of payment methods. These are credit cards, debit cards, prepaid cards and online payment methods like Google pay. However, there is a restriction that the credit card must be issued by one of the major providers. These are Visa, Master Card, American Express and Discover. In the case of credit card, if a user is not able to qualify for the excellent credit card then he can also use a credit card for poor credit or credit card for people with bad credit. For example a secured credit card, an unsecured credit card with high fee and a credit card provided by the bank.
Lyft has transformed the market of cab services in recent years. The main reason behind this is the easy graphical user interface of the application. After downloading the Lyft application from Google Play Store or Apple App Store, a user can easily sign up by adding his basic details and phone number. After this, he becomes eligible for booking cabs but he also has to select the payment method. Now the Answer to the most discussed question i.e. do prepaid cards work for Lyft? Yes, they do but their working is strongly affected by the money loaded in the card. Here the working of the prepaid cards is the same as in other cases. For example, while using prepaid cards in malls or in hotels etc. Now after selecting the destination, the Lyft application will assign the nearest driver to the user. When the ride completes, the total fare will be deducted from the type of payment method selected. In the case here any extra amount is deducted by mistake or there is any cashback offer then the money is deposited to the user’s Account within two business days. In case the user is not having sufficient balance in the account then transaction won’t be authorized.
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