Ride-sharing fare refers to the cost charged to passengers for using a ride-sharing service, such as Uber or Lyft. This fare typically includes a base rate, distance traveled, and time taken for the ride. Additional factors, like surge pricing during peak hours, can also affect the final amount. Passengers can view an estimated fare before confirming their ride, allowing them to make informed decisions. Payment is usually processed through the app, making it convenient and cashless. Understanding how ride-sharing fares are calculated can help users budget for their trips effectively.