iPhone recently introduced a new app that connects bike owners with those seeking to rent them. Spinlister is the name of the new application that allows renters to find bikes for rent close by using a map. In addition, the app also enables them to filter it by type, height, availability and price. Unlike city bike sharing services, Spinlister is for people who want to rent bikes for a specific period of time. "If you're looking for a three to four block ride, no one can beat the city bike share. But sometimes people want to use the bike for the whole day and not be worried about docking the bike or time deadlines," Chief Executive Officer Marcelo Loureiro explained.
On the average, daily bike rentals on Spinlister cost USD 10 plus a fee of 12.5%. The company also provides a payment platform for renters to pay the bike using their credit cards. To be able to list their bikes, owners have to pay Spinlister a 17.5% fee. No extra charges are levied for providing add-ons like helmets and locks.
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