Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Sep 15, 2020

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Here's what you need to know...

  • Waze is a GPS navigational app with over 65 million users every month
  • The Waze Carpool App is available on Android and Apple devices
  • Waze Carpooling has partnered with Payoneer to streamline its payment process
  • Strategic marketing with an environmentally-conscious twist puts Waze at the forefront of available rideshare apps

Remember the days when MapQuest was considered high tech? Or how about when ridesharing was defined by carpooling with your best friend in their mom’s station wagon?

Thankfully, someone took mercy on our embarrassed souls and created Waze: a community-based GPS turned ridesharing app.

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Navigation at Its Finest

Waze’s revolutionary real-time reporting gave drivers up-to-the-minute updates with alternate routes to keep their wheels turning and avoid painful delays.

Helping drivers get from point A to point B without having to wrestle with a paper map or your average clueless GPS system was all the rage.

Unfortunately, avoiding traffic jams also meant taking over residential streets making many people unhappy.

But like most new technological advances, after initial excitement died down, Waze was no longer the craze. Other technologies in the auto industry stole the limelight; for instance, Uber and Lyft left Waze in the dust.

But after being acquired by Google in 2013, Waze’s popularity skyrocketed with over 65 million users every month.

And with so many people jumping on the carpool bandwagon, Waze Carpool app makes carpooling cool again.

With the expansion of Waze Carpool, tech-savvy commuters now have more options to get them where they want to go.

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Only two rides a day? What gives?  

But unlike their competitors, Waze caps payments, which means drivers are limited to only two rides per day.

This limit is intended to lower the wear and tear on driver’s cars so their carpooling service doesn’t become someone’s full-time gig.

Maximum payout is 54 cents per mile, which just happens to be the IRS limit that differentiate someone’s income and possible reimbursement for mileage and everyday wear and tear.

Simply put, drivers shouldn’t have to declare their pocket change as income on their taxes.

So, how does Waze plan on differentiating themselves from the competition?

Waze’s intricate technology, friendly community, and expertise in navigating the impossible all make them a worthy opponent for Uber and Lyft.

Streamlining the Process

Now that they’ve partnered with Payoneer, carpooling just became a little easier.

And what could be cooler than paying without having to think about?  Streamlined payment combined with environmentally conscious strategy seems to be working for Waze.

The app is now live in California, Texas, and Israel with expansion underway.

So, what’s your take on this never-ending road war? Will Waze prevail over Uber and Lyft or will they pale in comparison due to their ride limits?

Only time will tell, but it’s safe to say that with so many active users, Waze Carpool stands a pretty good chance of outdoing other rideshare apps.

Whether you’re driving or just going along for the ride, having the right coverage is important. Enter your zip code below and start comparing car insurance quotes for FREE!