Uber mulls own payment wallet service for riders

Hyderabad: Cab aggregator Uber said it is evaluating options to have its own payment wallet as it finds the two-factor authentication system imposed by RBI “cumbersome” for riders while making payments through credit or debit cards. Amit Jain, the President of Uber India also said the app-based taxi service provider may also launch UberPool and UberCommute in some of the metro cities during this year. At present, Uber riders can pay through payment wallet services like Paytm. Riders have also the option of making payment in cash. Uber operates in 26 cities across the country partnering with over 2.5 lakh drivers.