Ride-hailing service Uber has launched an exclusive "simplified banking solution" for its drivers and delivery partners, comprising a Visa debit card and account in partnership with GoBank. The new service, which will be available to all of Uber's drivers, is designed specifically for the company's on-demand courier business, where it can offer lower fees than traditional banks. Last month, Uber applied to the Netherlands’ central bank for an e-money licence under newly-founded subsidiary Uber Payments.
Ride-hailing service Uber has launched an exclusive "simplified banking solution" for its drivers and delivery partners, comprising a Visa debit card and account in partnership with GoBank. Uber said the service came with no set up or overdraft fees, required no minimum balance, and would allow drivers to opt-in for discounts on fuel and food, among other things. Last month, Uber applied to the Netherlands’ central bank for an e-money licence under newly-founded subsidiary Uber Payments.