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How Inhud Makes Money With The Credit System - Business - Nairaland

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How Inhud Makes Money With The Credit System by Charpell(m): 1:11pm On Oct 11, 2023
As a carpooling company dedicated to serving the middle and lower-income segments, our unwavering mission is to minimize transportation costs to their barest essentials. We are proud to declare that we do not levy any commissions on either our drivers or passengers. This approach allows us to offer our services at the most affordable rates possible.

In our endeavour to maintain operational excellence and provide a seamless carpooling experience, we have introduced a credit system that simplifies the travel experience. This system not only minimizes the financial burden on our users but also creates a sustainable and eco-friendly approach to commuting.

How the Credit System Works:

Upon registration, each new user is graciously assigned two free credits. These serve as a way to dip a toe into the world of cost-effective carpooling without any initial financial commitment.

1 Free for Drivers: We take immense pride in supporting our dedicated drivers by not charging them any fees. This driver-friendly policy encourages and promotes an abundance of ride availability for our users.

2 Passenger Fees: The only charges involved in our service are borne by the passengers. This one-time fee, is applied to cover operational costs, ensuring the continued functionality and improvement of our platform.

How Users Can Acquire Additional Credits:

1 Referral Rewards: We understand the power of word-of-mouth recommendations. By inviting friends to join our app, both the referrer and the referee receive extra credits as tokens of our appreciation.

2 In-App Purchases: For users who wish to further expand their travel opportunities, we offer the option to purchase credits directly within the app. This ensures that passengers can access more trips with ease.

3 Credit Transfer: Users can now directly request other users to transfer them some of their credits, providing a flexible method to bolster their carpooling experience.

Benefits of the Credit System:

1 Affordability: Passengers can revel in the most cost-effective travel experiences possible, thanks to low fees, free initial trips, and referral bonuses.

2 Driver Incentives: By not imposing any costs on our drivers and rewarding them for referrals, our platform encourages even more drivers to join, ensuring a steady stream of available rides.

3 Community Building: The referral rewards actively contribute to the growth of our carpooling community. The result is a closely-knit network of users that support each other in the pursuit of affordable travel.

4 Sustainability: Our credit system serves as a strong pillar of eco-friendliness. By reducing the number of individual vehicles on the road, we are collectively promoting greener and more sustainable transportation.

In conclusion, our credit system forms the heart of an efficient, eco-conscious, and community-driven mode of transportation. Carpooling isn't just a trip; it's a lifestyle that brings affordability, sustainability, and strong community bonds to the forefront of modern commuting.

About inHud
inHud is a leading provider of carpooling and transportation solutions, committed to making travel safe, convenient, and sustainable. With a strong focus on innovation and user-centric design, inHud is transforming the way people commute and share rides. The company is dedicated to fostering trust, security, and efficiency in the world of transportation.

You can read more about us here
https://www.nairaland.com/7722975/introducing-driveinhud-save-transport-cost

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Re: How Inhud Makes Money With The Credit System by TemplarLandry: 1:16pm On Oct 11, 2023
😎
Re: How Inhud Makes Money With The Credit System by TemplarLandry: 1:16pm On Oct 11, 2023
When I'm in the country, I'll check you guys out.

1 Like

Re: How Inhud Makes Money With The Credit System by Charpell(m): 1:17pm On Oct 11, 2023
TemplarLandry:
When I'm in the country, I'll check you guys out.
cool

1 Like

Re: How Inhud Makes Money With The Credit System by wittywriter: 1:29pm On Oct 11, 2023
TemplarLandry:
When I'm in the country, I'll check you guys out.

Charpell:

Thank you, I look forward to see more Nigerians support us





Wittyness.
Re: How Inhud Makes Money With The Credit System by BrenaN: 3:24pm On Oct 11, 2023
Wow. Nice idea. Well done.

How can one buy Credit when the free credit is used up.

2 Likes

Re: How Inhud Makes Money With The Credit System by Frantzugo: 3:48pm On Oct 11, 2023
Nice concept!
What is the value of the inHud credit? Is 1000 Naira equal to 1000 inHud credit?

2 Likes

Re: How Inhud Makes Money With The Credit System by Charpell(m): 5:24pm On Oct 11, 2023
BrenaN:
Wow. Nice idea. Well done.

How can one buy Credit when the free credit is used up.
You can keep referring to get more free credits or use the app's payment feature.
Re: How Inhud Makes Money With The Credit System by Charpell(m): 5:25pm On Oct 11, 2023
Frantzugo:
Nice concept!
What is the value of the inHud credit? Is 1000 Naira equal to 1000 inHud credit?
A credit is N300, you can get as low as N100 if you buy in bulk

1 Like

Re: How Inhud Makes Money With The Credit System by LibraEye: 6:58pm On Oct 11, 2023
inHud is back again with another novel idea.
Are you saying there will be no cash payment? If drivers are paid with the credit, how will they convert the credit to cash?

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