Story by
Paul Sawers
Paul Sawers was a reporter with The Next Web in various roles from May 2011 to November 2014. Follow Paul on Twitter: @psawers or check h Paul Sawers was a reporter with The Next Web in various roles from May 2011 to November 2014. Follow Paul on Twitter: @psawers or check him out on Google+.
Uber has been ramping up its presence in India in recent times, and today the increasingly ubiquitous taxi service announced that it’s now allowing local Uber users pay for rides with their debit card or net banking, as well as their credit card.
This shift, it seems, is a direct response to new guidelines announced back in August, after the country’s reserve bank (RBI) stipulated that e-transactions must be must be done through a bank located within India, rather than routed straight through international payment conduits.
The result? A new digital wallet powered by Paytm, an India-based online payment platform.
So while a user will top up their wallet using their card, the actual payment to Uber is now deducted directly from the virtual wallet. The minimum recharge value is Rs. 100 (about $1.60).
➤ NEW PAYMENT OPTIONS MAKE UBER AVAILABLE TO 600 MILLION INDIANS [Uber Blog]
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