Uber starts experimenting with cash payments in India

The ride-hailing company will let its drivers accept cash for the first time

Uber starts experimenting with cash payments in India

Uber starts experimenting with cash payments in India

Uber, known for its no-hassle, no-cash payment system for rides, will start testing cash payments in India in the coming week.

The experiment will take place in the city of Hyderabad and marks a change from the credit card payment strategy that it has favored so far. It is the first time Uber will accept cash payments, the company said on Tuesday.

Hyderabad was chosen because Uber has many drivers and riders in the city, whose population was estimated at about 8.6 million people by the U.S. government in 2014. People can select the cash option up front in the Uber app and pay the amount shown at the end of the ride, it said.

Uber did not respond to a request for comment.

India seems an obvious place for the ride-hailing company to start experimenting with cash payments. While card-based transactions are gaining acceptance there, most payments are made in cash, according to a recent study from market research company Euromonitor.

However, Euromonitor predicted the number of credit card payments will keep rising steadily in the coming years. It also noted that there is "tremendous growth" of electronic transactions in the country, thanks to broader Internet access and booming sales of low-cost smartphones.

Smartphone shipments in India jumped 90 percent year over year in the fourth quarter of 2015, with 21.6 million units shipped, research firm Canalys reported in February.

While Uber users in Hyderabad will be able to pay cash, they still need an Uber account to book a ride, and a credit card is required to get an account. However, it's not necessary to have a minimum balance in their Paytm wallet, which was introduced for Indian users last year, Uber said.

Loek is Amsterdam Correspondent and covers online privacy, intellectual property, online payment issues as well as EU technology policy and regulation for the IDG News Service. Follow him on Twitter at @loekessers or email tips and comments to loek_essers@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mobilemobile applicationsUber Technologies

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Loek Essers

IDG News Service
Show Comments

Cool Tech

Bang and Olufsen Beosound Stage - Dolby Atmos Soundbar

Learn more >

Toys for Boys

ASUS ROG, ACRONYM partner for Special Edition Zephyrus G14

Learn more >

Nakamichi Delta 100 3-Way Hi Fi Speaker System

Learn more >

Sony WF-1000XM3 Wireless Noise Cancelling Headphones

Learn more >

Family Friendly

Philips Sonicare Diamond Clean 9000 Toothbrush

Learn more >

Mario Kart Live: Home Circuit for Nintendo Switch

Learn more >

Stocking Stuffer

Teac 7 inch Swivel Screen Portable DVD Player

Learn more >

SunnyBunny Snowflakes 20 LED Solar Powered Fairy String

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?