Uber tie-up with MobiKwik brings the convenience of credit and debit card payments to Uber riders in India
India’s leading mobile payments network, MobiKwik today announced that it has entered into a partnership with Uber India. Under this partnership, Uber – which has re-introduced card payments for Indian users – will use MobiKwik for powering their new credit and debit card payment experience. This addition of credit and debit card payments will make the life of Uber India users much easier, giving them a choice of payment options, missing earlier.
The MobiKwik payment solution greatly enhances user experience while they pay on Uber as they need not use the existing payment option Paytm which was often reported as cumbersome leading to customer dissatisfaction. Now, users, just need to tap on the credit card option, add their credit or debit card details and make a fully secure two-factor authenticated (2FA) payment powered by MobiKwik. The new MobiKwik card payment service has been live for all Android users for more than a week whilst iOS users will get the feature via an update in the coming weeks.
"We are delighted to partner with Uber and bring India's best mobile payment experience to Uber users." said Bipin Preet Singh, Founder CEO of MobiKwik. He further added, “Our solution takes the complexity out of mobile payments, making them easy and seamless. “
To give context, last year the Reserve Bank of India had made it mandatory for all taxi companies to follow the two-factor authentication (2FA) for payments whenever the card is not presented physically. This is Uber abiding by the RBI and showing its commitment towards the Indian market.