In a first, Ola launches credit for ride-share
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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
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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.
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