Following the launch of Ola Money last year, Indian transport app Ola has acquired Qarth, a mobile payments start-up that runs in more than 100 countries. Uber, despite a late entry into cash acceptance in India, is fast expanding its own cash program. Since installs have been small compared to rivals, X-Pay's technology will most likely be integrated into Ola Money for improved functionality.
Following the launch of Ola Money last year, Indian transport app Ola has acquired Qarth, a mobile payments start-up that runs in more than 100 countries. Since installs have been small compared to rivals, X-Pay's technology will most likely be integrated into Ola Money for improved functionality.