Ola Cabs to apply for mobile wallet licence

News in brief

News in brief

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.”

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 4 August 2015, 12:43 • Last updated 4 August 2015, 12:43