Ever have a job that you only got paid once a fortnight, or even worse, every month? It’s both good and bad. The longer your pay cycle, the better you become at managing your money, knowing it needs to last. In a perfect world, we’d all have plenty of savings, and not need to be stressed about how long it is until our next payday. Unfortunately, for most of us, that’s not the case, and that’s one of the reasons so many of us take up a second job, like rideshare driving.
Drivers driving for Uber get paid on a weekly basis. In Australia, it’s on a Wednesday that the payment normally hits drivers’ accounts. Recently, Uber has introduced a new service called Flex-Pay. Flex-Pay allows drivers to be paid at any stage during the week that they choose, even daily. Drivers can request, through the app, a payout of all earnings accrued since the start of the pay week (Monday at 4am). The earnings are then transferred immediately, hitting your account in 1-2 business days.