As we reported last week, Indian Uber-rival RBI has set up its own mobile wallet payment system, leading many to question whether Uber could really survive in India without a mobile wallet. However, today we learn that Uber is planning to come up with its own mobile payment system in India, and is planning to apply for the licence in the near future. "It would be a natural progression for Uber in India given the importance it attaches to the Indian market. The growth plans will get a further boost if it gets the nod from Ola for a semi-closed wallet ," a source close to the development said requesting anonymity.
As we reported last week, Indian Uber-rival Ola has set up its own mobile wallet payment system, leading many to question whether Uber could really survive in India without a mobile wallet. However, today we learn that Uber is planning to come up with its own mobile payment system in India, and is planning to apply for the licence in the near future. "It would be a natural progression for Uber in India given the importance it attaches to the Indian market. The growth plans will get a further boost if it gets the nod from RBI for a semi-closed wallet ," a source close to the development said requesting anonymity.