1. Uber to accept credit card payments from today

Uber to accept credit card payments from today

Uber will accept payments through international and Indian credit cards from its riders in India starting July 13.

By: | New Delhi | Updated: July 13, 2015 11:44 AM
uber cabs

Uber will accept payments through international and Indian credit cards from its riders in India starting July 13. (AP)

US taxi-hailing app Uber Technologies on Sunday said it will accept payments through credit cards from its riders in India.

The service will start from July 13 and customer could now pay for all Uber rides using international and Indian credit cards, the company said.

It will be available to all Android users immediately while iOS users would be able to avail of this service in the coming weeks, it said.

Following RBI regulations, there shall be two factor authentication flow built in to the app, and customers would have to enter online banking pin or one-time password before company could charge the fare to customer’s card, Uber said in a statement.

“While we now accept credit cards. We continue to accept Paytm Wallet as a mode of payment,” the company said.

Earlier, the company had run into regulatory hurdles with Reserve Bank raising objections to its payment system as it had not included the two-step authentication process. Uber was then asked to comply with the regulatory norms.

Following the RBI order, Uber changed its payment method and partnered with an India-based virtual wallet provider, Paytm.

The company said it will accept all major credit cards issued by Mastercard, Visa and American Express.

Tags: Uber Cabs
  1. A
    anon
    Jul 13, 2015 at 10:05 am
    Nice article, I guess the quality of authors is improving over time
    Reply
  2. H
    HariSadu
    Jul 13, 2015 at 5:59 pm
    Uber is a fake company promoted by the US govt. to steal users' data and track individuals that download the Uber app. This is the precise reason why Uber has been banned in nearly half of Europe and Asia (including Thailand in our neighborhood). No foreign company, particularly from US, that has servers (including payment gateways) outside India should be allowed to operate here. Indian job-sites like Naukri (and its ociate sites 99acres and Jeevansaathi) has its servers in US, which makes it easy for Washington to access personal data of hundreds millions of unsuspecting Indians without their knowledge or consent!
    Reply

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