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    Ola Cabs to apply for mobile wallet licence

    News in brief

    Indian mobile cab hailing service Ola Cabs is reportedly planning to apply for a mobile wallet licence from the Reserve Bank of India (RBI). “Ola currently offers Ola Money as a digital payment option on its mobile app using payment technology powered by PayU and ZipCash Card Services,” Livemint reports. “If Ola gets the nod from RBI, it can offer the wallet on its app as well as other apps it plans to launch.”

    Filed by Email Rian Boden Published • Last updated 4 August 2015, 12:43

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