Dynamic Fare Range

A. Dynamic Fare Range

Dynamic fare helps the admin set pricing based on booking demand (area overlap), making fare calculation easy, automatic, and flexible.

The admin can enable the Dynamic Fare Range option from Settings >> General Settings to apply fare calculation based on defined ranges(fixed by admin); otherwise disabled, standard fares are applied.

Dynamic Fare Range calculation

Formula:

Final Count = (Daily Overlaps × 0.75) + ((Weekly Overlaps ÷ 7) × 0.25)

The system tracks how many bookings overlap in a specific area (using geofence).

It calculates a final count using both daily and weekly ride, where daily ride has more impact. Based on this final count, the system automatically selects the matching range and applies the defined fare percentage.

Dynamic Fare Range

The admin can see that the system automatically calculates fares based on booking overlap (daily & weekly) and applies the fare as per the defined ranges.

B. Add dynamic Fare Range

By clicking on the “+” button, the admin can add new dynamic fare range entries. • Min Value – Minimum limit of the final count • Max Value – Maximum limit of the final count • Percentage (%) – The fare adjustment (increase) applied when the demand falls within this range.

To avoid errors, ensure ranges do not overlap.

The system calculates a final count using daily and weekly booking overlaps and applies the fare based on the defined range automatically.

C. Action - Setting

Dynamic Fare Ranges includes:

• Search records

• Delete and multi delete entries

• Show entries (10, 25 & 100)

• View and manage details with action options

Edit Dynamic Fare Range

The admin can update dynamic fare range entries in the Dynamic Fare Range section. They can modify as required.

Delete Dynamic Fare Range

The admin can delete dynamic fare range entries from the Dynamic Fare Range section.