Ola integrates with UPI to simplify payment options

Cab aggregator 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. While making payments for the Ola rides, a customer will now have an option called ‘Pay by UPI’ along with cash, debit/credit card and Ola Money wallet option.
Takeaways from above News-
  • Ola tied up with UPI
  • Ola headquarter is in Bengaluru and CEO is Bhavish Aggarwal
  • UPI is a payment system launched by National Payments Corporation of India and regulated by Reserve Bank of India
  • UPI is used to facilitates the fund transfer between two bank accounts on the mobile platform instantly.

If you have any other takeaways, do share with us in the comment section
Source- The Hindu

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