Uber is exploring the possibility of introducing a number of financial offerings on its platform. The company has been testing an option that would allow users to pay for rides with bitcoin, but it will not be ready until later this year, according to people familiar with Uber’s plans. A "payments experience", which would encourage loyalty to the Uber platform, is said to be among the possible ventures along with a service enabling contractors to manage funds they've earned working for the company. Uber is also said to have been in high-level discussions about creating a bank account, although such an innovation is probably years away.
Uber is exploring the possibility of introducing a number of financial offerings on its platform. An unnamed source said the firm is hiring dozens of engineers for a New York-based team that could eventually exceed 100. A "payments experience", which would encourage loyalty to the Uber platform, is said to be among the possible ventures along with a service enabling contractors to manage funds they've earned working for the company. Uber is also said to have been in high-level discussions about creating a bank account, although such an innovation is probably years away.