Ride hailing platform Ola will allow customers to pay for their rides directly to the cab driver through UPI on the app itself starting this week, CEO Bhavish Aggarwal announced on November 30.
“You’ll be able to use UPI to pay the driver directly through the Ola app just like UPI is used daily. Driver app will show a QR if you want to scan. More than 2 million drivers on Ola will join the likes of millions of UPI merchants overnight. Going live end of next week in Bengaluru and end of December nationally,” he wrote on X.
Revamping digital payments experience in @Olacabs rides. You’ll be able to use UPI to pay the driver directly through the Ola app just like UPI is used daily.
Driver app will show a QR if you want to scan. More than 2 million drivers on Ola will join the likes of millions of…— Bhavish Aggarwal (@bhash) November 30, 2023
At present, Ola offers users to either pay in cash, via Ola money, with credit or debit card and via Ola Money Postpaid.
Separately, sources last week told CNBC-TV18 that Ola Electric is likely to deploy its electric scooters for deliveries across product categories on the government's (Open Network for Digital Commerce (ONDC) platform.
Sources said that as part of the collaboration with ONDC, Ola Electric will deploy electric scooters for logistics and last-mile deliveries across India and the announcement is likely to happen within a few weeks.
Ola CEO Bhavish Aggarwal took to social media platform X to hint at a collaboration with ONDC. This after a meeting with ONDC CEO Koshy T at Ola's headquarters in Bengaluru.
These latest announcements come ahead of Ola's IPO listing.
Also Read: Ola, Uber and Dunzo among worst platforms for gig workers, bigbasket tops fair work norms list
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Election Commission grants shifting of 7 polling stations in Kullu, Mandi, Shimla and Kinnaur
May 5, 2024 6:50 PM
Tents, fans, ambulances – Karnataka gears up for voting on May 7 amid soaring heat
May 5, 2024 6:19 PM
Karnataka Congress files complaint against BJP’s JP Nadda and others over alleged MCC violation
May 5, 2024 3:20 PM
PM Modi to contest from Varanasi, to file nomination papers on May 14
May 5, 2024 2:49 PM