(Reuters) – Amazon.com Inc is launching a program to double cashback rewards on fuel purchases to up to 12% for Amazon Flex debit cardholders, to assist Flex supply companions amid a rise in fuel prices.
Amazon Flex, which works like on-demand ride-hailing service Uber, handles speedy deliveries of frequent family items to prospects via packages like Prime Now and Amazon Fresh. Drivers, who use their very own automobiles, normally earn over $26 an hour on common within the United States.
The transfer comes as prices for gasoline have soared greater than 20% from final month, pushed by greater crude oil charges due to the Russian invasion of Ukraine.
“We are persevering with to carefully monitor this case to decide if we’d like to make future changes to help our transportation companions,” wrote Amazon in a weblog on Wednesday.
Amazon additionally covers fuel prices for its supply service companions as properly as Amazon Freight Partners that enlists unbiased trucking corporations to transfer items between Amazon services.
Earlier this month, Lyft additionally mentioned that Lyft Direct cardholders will obtain a rise in cashback rewards of 4% to 5% on buy of gasoline till June 30.
Rideshare and meals supply corporations together with Uber, Lyft and Doordash have introduced surcharges to assist drivers to address greater fuel prices..
(Reporting by Tiyashi Datta in Bengaluru; Editing by Shailesh Kuber)
