Ola Integrates UPI as Payment Option to Boost Cashless Transactions

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posted on 7 years ago — updated on 1 second ago

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UPI payments are now used by e-commerce players across the country as they look to add more users through a completely seamless payment mechanism.

Ola has integrated with Unified Payment Interface (UPI); to simplify digital payment options for its customers. This integration will allow Ola customers to use their unique UPI IDs to pay for all their rides on the Ola platform. UPI integration will lead to one of the fastest mode of payment for Ola users.

Also read: President of India Meets Uber Driver Partners, Supports UberShaanHow does Ola UPI work?

While making payments for their Ola rides, a customer will now have an option called ‘Pay by UPI’ along with cash, debit/credit card option and the Ola Money wallet.

Once the customers enter their unique UPI handle on the payment page, a ‘make payment’ request appears on the screen. The customers can then enter their 4-6 digit unique UPI transaction pin and the transaction is complete.

Ola has brought in similar innovation in the payment mechanism, ‘Ola Credit’ being the most recent introduction. Ola credit allows customers 7 days of credit; so they can keep booking Ola cabs without having sufficient cash and repay by net banking, credit and debit card apart from Ola Money. Also read: ICICI Bank Integrates 'DigiLocker' Facility With Its Net-Banking Platform