How does Remitbee make money?
Turo operates as a peer-to-peer car sharing marketplace that connects private vehicle owners with individuals looking to rent vehicles for personal use. The rental process works entirely through the Turo mobile application or website, where hosts list their personal cars with specific pricing, availability, and mileage guidelines. Renters browse local vehicle options, submit booking requests, choose comprehensive insurance and protection plans, and verify their driver identity digitally. Once approved, the renter meets the host or utilizes remote-unlock technology to access the vehicle. At the end of the reservation, the renter returns the car to the agreed location, and Turo processes payments, platform fees, and host payouts securely.
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