ShareRing believes car renting should be simple; a stress-free run-of-the-mill part of a holiday.
In 2015, The Competition and Markets Authority (formerly the Office of Fair Trading) conducted an investigation into car hire in the UK and in Europe. The investigation looked at the online price transparency, terms and conditions and general behaviour of rental companies. After this investigation, they gave rental companies 6 months to clean up their act. Since that time, these issues have most definitely been improved on.
However, there are still many issues a customer may face when renting a car. Particularly if you are renting outside of the UK and Europe, in regions which may have less robust codes of conduct and mediation services for customers.
The biggest problem since the investigation continues to be aggressive sales tactics; used to pressure customers into purchasing their expensive damage-waiver cover. This is insurance to cover the excess you will have to pay if you damage the car in any way.
With ShareRing, renting a car has never been so simple and stress-free. All fees are fully transparent and easy to understand. What you see is what you get.
The following visualization into the ShareRing app will demonstrate how the car booking process will flow.
Searching for a Car
The ShareRing app allows users to search easily for car rentals, there are two choices available; using an address or by scanning a QR code. Further details such as the purpose of rental and duration of rental are used to provide the user with the most relevant results.
Finding the right car
Finding the right car and deal can be a difficult task. As such, the ShareRing app has a vast amount of filtering options, so you can find the right car for you.
With over 1.6 million vehicles to choose from in over 100 locations around the world, you should never be stuck for choice.
Booking a car and KYC Interaction
As presented, all costs, fees and details of the booking are shown clearly, so there will never be any unwelcome surprises. Once a booking has been made the user can cancel the booking, change the vehicle or start the booking.
When you request for booking your OneID KYC will be sent to the merchant provider, ready to be accepted or denied.
Changing Vehicle, Reporting a Problem and Begin Booking
The ShareRing app will effortlessly allow users to change their vehicle of choice, cancel the booking and report any problems/ damage with the vehicle. Once the user is happy with their booking, at the allotted time, the booking can start the booking with a simple slide of the button.
ShareRing is a total solution, servicing consumers and businesses alike. They connect the highly fragmented sharing economy by bringing together sharing services across all industries and geographies. Using ShareRing’s decentralized marketplace, users can securely access, connect, and pay for services anywhere in the world. Rental providers receive payments instantly, without any currency conversion fees, and with incredibly low transaction fees.