Lyft’s New Feature Asks Riders to Walk a Few Blocks for Cheaper Fare

Lyft launched a new Shared Saver feature Thursday that banks on the assumption that riders are willing to walk a couple blocks to save a couple bucks.

Promising to provide the app’s lowest prices, unaffected by surge pricing, Lyft wrote on its blog that Shared Saver gives riders a “pickup spot that’s a quick walk (a few blocks, max) from you to meet your driver and co-riders. And ditto for your drop-off—you’ll be just a short walk to your destination.”

Although Lyft is expected to beat Uber to an IPO—the pink-emblazoned ride-sharing app is expected to go public in late March—Uber was first to Lyft’s carpooling model.