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Ride hailing app Bolt is planning to allow its drivers to set their own fares in a bid to slash the number of cancelled bookings.
The Estonian start-up, which aims to rival Uber in the mini-cab app market, said it will trial the scheme from this week.
It comes after Uber last week announced plans to up fares in the London by 10 per cent.
Bolt says it hopes allowing drivers to set fares - within a limit set by the firm - will reduce the number of cancelled bookings because of 'multi-apping'.
As previously reported by MailOnline, drivers have been running multiple apps, such as Uber, Bolt and FreeNow, at the same time in a bid to find the best fares.
But it means customers are having jobs accepted only to have them cancelled minutes later - ultimately leading to longer wait times.
Ride hailing firm Bolt is planning to allow its drivers to set their own fares in a bid to slash the number of cancelled bookings. The Estonian start-up, which aims to rival Uber in the mini-cab app market, said it will trial the scheme from this week
Bolt hopes its new scheme will cut down on cancelled trips by allowing drivers to ensure jobs are profitable before accepting them.
Sam Raciti, Bolt's manager for western Europe, said: 'Drivers have consistently asked us for the ability to set their own prices so they can ensure a journey is profitable enough before it's accepted.
'By making these changes we hope to reduce waiting times on the Bolt app and have fewer driver cancellations so customers can get to their destination
