Update on Nov. 15 at 1:12 p.m. Pacific: Corrected to reflect that Adobe is not a partner, nor has the company signed up for the new service, according to an Adobe spokesperson.
You’ve been using Lyft (or Uber, Sidecar) to get to and from work meetings for the longest time and expensing it, so your employer might as well start paying for rides directly, right?
Well, now it can, thanks to the new Lyft for Work service, which lets employers issue Lyft credits for their employees. The service already has 29 partnering employers, including Stripe, Yelp, Postmates, and Thumbtack.
Lyft for Work credits are pretty customizable. Employers can set monthly limits, times of the day and week, a particular event’s destination, restrict usage to only the carpooling service, Lyft Line, and more (carpooling is at the core of Lyft and its former parent company Zimride, which helped people find others to share longer car trips with). They can even issue unique codes for job candidates.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
And as the ride-sharing turf war continues, Lyft is playing catch-up with this one, as Uber launched Uber for Business this past July. But unlike Lyft’s service, it functions more like a “company credit card,” enabling employees to automatically bill their employer and providing analytics.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More