ID Verification for Ride Sharing- Be Safe in an Unsafe World

No doubt that traveling has become more convenient with ride-sharing. With an increase in fuel and vehicle prices, more and more people are moving towards ride-sharing instead of buying personal vehicles. Ridesharing is equally popular among professionals and fun travelers. This industry is thriving at a fast pace. As per research, the industry valued $51.9 billion in 2017 and is anticipated to grow to a value of $225.3 billion by 2025.

So, what makes this industry so successful? While traditional taxi services and local transport were mostly used for transportation. But the ride-sharing sector brought innovation and changed the way people used to travel. Ridesharing provides ease to customers. These ride services provide a cost-effective and faster alternative and typically have newer and comfortable vehicles.

Despite having a popular appeal, ride-sharing services are often criticized for not having strict rules and regulations for drivers and riders. Especially, they lack ID verification for drivers and riders. This leads to serious consequences and makes users think if ridesharing is safe? A number of crime cases were reported across the globe where ride-sharing services are used.

Recently this year, a student from the University of Carolina, Samantha Josephson was murder by a person she assumed to be her uber driver. Similarly in London, an Indian girl was raped by a driver. Many other cases are on news nowadays, which demand ride-sharing companies to put more strict identification checks before taking drivers on board.

While these are high profile incidents, fraud and cyber crimes are more common in ride sharing. The people working under the banner of ride-sharing services represent company names and shared values. Any bad incident puts the company name under scrutiny and critic by people. So in-depth identity verification of end-users is vital not only during onboarding but during every ride.

How to Mitigate Fraud and Crimes in the Ride-sharing Industry?

In order to eliminate fraud, new security features and additional identity checks are very beneficial. For instance, Online identity verification is a feasible solution. 

Online ID verification is the process of verifying an individual’s (rider/driver) identity in real-time using artificial intelligence. Artificial Intelligence (AI) and the latest technologies are used to verify the identity of a person in real-time. It performs the verification and delivers the results within 30 seconds.

Authenticating users will address many frauds in ride-sharing industry. Fraudulent activities such as fake drivers, drivers renting out cars to other drivers, and fake complaints from customers can be alleviated using online identity verification services.

In addition, after a few bad incidents, the ride-sharing industry faced a lot of bad-fame that is why people prefer those services that practice visible security measures. But they do not want to spend a lot of their time on verification and security protocols. Real-time identity verification helps in achieving several goals through one service.

Nothing is more precious than personal safety, despite popularity recent criminal incidents made people think about safety in ride-sharing and if they should move back to conventional transports. Ride Sharing companies need to review their policies and include proper safety measurements for consumer safety. No matter what services or goods you provide, when it comes to safety there should be no compromise. Identity verification technology can assist companies in verifying the identity of both riders and drivers.

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