In a first, Ola launches credit for ride-share
Advertisement
Advertisement
It is a unique postpaid service to enable users who can now pay later for their rides. There’s a catch- Ola Credit enables commute to only key corporate clients like L&T, Siemens,
Ola Credit will give customers 7 days of credit so they can keep booking Ola cabs without worrying about having sufficient
ALSO READ: 5 crucial developments in the startup space you must know about
Advertisement
Ola Credit, if used right, can play an important role in the movement of a large number of low-value transactions online, allowing people to conserve lower denomination currency for their other important daily needs.
So how does it work?
A customer can select ‘Ola Credit’ as their payment option while booking a ride. The 7-day credit cycle begins from the date of the first credit ride. A customer will be able to clear dues using Ola Money, within the credit period of 7 days.
This is a great way to track your weekly cab expenses and pay them according to the time of the month when your credit cycle might be going haywire.
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market