Case Study: Lyft achieves instant driver payouts and 40%+ Express Pay adoption with Stripe

Lyft optimizes the driver and passenger experience with Stripe

Lyft, which supports over 700,000 drivers and nearly one million rides per day, partnered with Stripe to power payments at scale. Drivers repeatedly requested more frequent access to earnings than traditional weekly payouts, so Lyft needed a seamless, secure way to let drivers get paid on demand.

Working with Stripe, Lyft launched Express Pay, enabling drivers to cash out—typically within a few hours—whenever they choose. Within six months, more than 40% of Lyft payouts were processed via Express Pay, improving driver satisfaction and helping Lyft attract and retain more drivers.

Lyft