Amidst the ongoing cash crunch and distress people across the country are going through, Ola has launched Ola Credit – a postpaid service which allows users to pay later for their rides.
Ola Credit will give customers 7 days of credit on rides and can be repaid via net banking, debit or credit cards through Ola Money e-wallet which is integrated into the app.
The company’s wallet also allows users to pay across mobility, travel, food, entertainment, e-commerce, bill payments and mobile recharges.
Raghuvesh Sarup, Chief Marketing Officer, and Category Head said,
“Ola Credit is a global first from Ola to keep India moving towards a cashless economy. Ola Credit provides hassle-free mobility to citizens who can now pay later for their rides when cash conservation is important for many citizens. Our deep commitment towards the Indian market, combined with our experience in payment technology helps us to contribute to a digitally enabled India. Mobility is an everyday use case and our commitment to making it seamless includes building a frictionless payment experience. Credit is an important step towards our goal of ensuring mobility for a billion Indians.”