Gogeta Bike flips the cycle to work model on its head

[lenny]

"Gogeta Bike launched in May 2023 with a simple conviction – the cycle to work scheme should be a great thing for bike retailers but instead it financially cripples them, with legacy providers charging commissions of 10-15%."

"Rather than high commissions which bike retailers (out of necessity) then pass on to customers as surcharges, Gogeta Bike charges 3% commission and then also charges the employer/employee a platform fee for using the scheme."

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Gogeta

gogeta.com

 

[M0RFU]

6% platform fee, so 9% in total.

Gogeta

gogeta.com

Green Commute Initiative charge 5% in total, which the shop can pass one (often in removing any offer on the bike) and the employee would still be better off.