Ola Enables Cashless Rides in Autos And Kaali-Peeli Taxis


#Driver benefits

Over the last 6 months, Ola has seen rapid adoption for their platform amongst auto drivers with over 40,000 autos signed up on. The Ola app helps drivers receive booking requests from customers around them and also helps them with turn-by-turn navigation to reach them. In the last 6 months, drivers registered on the Ola platform have seen their revenues increase by upto 40%.

With cashless payments, drivers will now be saved from the hassle of carrying and finding change after every ride. Also, drivers will now have their daily earnings deposited into their account with Ola, linked to a prepaid card usable at ATMs or any merchant, helping them inculcate financial discipline on a daily basis.

#How the entire process works

To pay through the in-app wallet, the customer has to simply inform the auto rickshaw driver that the payment will be made with Ola Money. On completion of the ride, the driver shall enter the fare displayed on the meter, followed by the four-digit OTP that the customer will receive through an SMS.

Ola money is then automatically deducted from the customer’s account. Drivers can withdraw their payments anytime from the prepaid ATM card that is linked to their Ola account.

Read More: Here Are The Latest Trends in Philanthropy