FOR-HIRE-VEHICLE PARAMETER UPDATE AND MANAGEMENT SYSTEM AND METHOD

Systems and methods for updating and managing for-hire vehicle (FHV) fare calculation algorithms and parameters are provided. Fare calculation and parameter information associated with a plurality of jurisdictions regulated by one or more regulatory entities is stored in a database. An authorized user may use a web-based software program to input updated fare calculation and parameter information for a jurisdiction. The updated fare calculation and parameter information is stored, and trip fares are calculated based at least partially on the updated fare calculation and where appropriate parameter information as well as trip distance and/or time information provided by a mobile computing device when the fare is related to an FHV trip taken within the jurisdiction.