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    Ola Money

    News about Ola Money.

    India’s Ola Cabs adds mobile payments

    November 16th, 2015

    Indian mobile cab hailing service Ola Cabs has launched Ola Money, which lets customers load funds into a mobile app and use them to pay their fare. “Your Ola Money is automatically deducted when you complete a ride,” the company says. Ola announced plans in August 2015 to apply for a mobile wallet licence from the Reserve Bank of India (RBI).

    Ola Cabs to apply for mobile wallet licence

    August 4th, 2015

    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.”