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Ola Money partners with Ebay, YepMe, AskmeBazaar for easy payments

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ANI New Delhi
Last Updated : Jun 09 2016 | 4:02 PM IST

Popular digital payment solution from Ola, Ola Money today announced that its partnership with leading online marketplaces eBay, YepMe and AskmeBazaar to enable its users to pay with one touch from their Ola Money wallet.

It will offer the customers an additional 10 percent discount (valid till June 21st) when they use Ola Money to make their payments on eBay. At the time of payment on any of these platforms, both web and app, customers will get to choose Ola Money as one of their payment options. On selection, a one touch check-out, if on the app, and a simple OTP authentication, if on the web, completes the payment.

Ola Money is a one of the top mobile wallets in the country with millions of customers on its platform. As a digital payment solution is uniquely positioned with high frequency usage and recharge by users, given the primary use case of the wallet.

The Ola Money experience allows users to pay with a seamless, one-touch checkout in a secure environment in a wide variety of use cases, outside the Ola platform.

"eBay India recognizes and values the potential and convenience of mobile wallets. Our partnership with Ola Money will ensure the simplest and most seamless payment experience for consumers shopping on our platform," said Director-Marketing eBay India, Shivani Suri.

"The unique position of the Ola Money wallet is in its high frequency usage, active customer base and a higher average wallet balance. We are confident this association with Ola Money is going to be a great value proposition for both companies," added Shivani Suri.

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"The payment experience we have built with Ola Money is a huge differentiator not only in the mobility space, but also across a wide range of use cases now. The Ola Money app is already being used for mobile recharges, peer to peer transfers, ticketing and more across a wide range of online and offline merchants," said Senior Vice-President and Head- Ola Money, Pallav Singh.

"With Ola Money, our vision is to create a holistic payment ecosystem and our partnership with eBay, Yepme and AskmeBazar is a major step in that direction," added Pallav Singh.

He further added that together these three e-commerce platforms have over 100,000 merchants registered on their platform. As one of India's most used payment solution, we are confident that more use cases like these will create a superior payment experience for our customers across the board that they now enjoy within the Ola platform.

The Ola Money app can be used for prepaid mobile phone recharge across all network operators in India and for sending money to friends and family within minutes.

Recently, Ola Money also partnered with Mumbai Metro to help commuters recharge their prepaid metro cards and RSRTC- the Rajasthan State Road Transport Corporation as their exclusive digital payment partner, where users can book tickets online, using Ola Money.

Additionally, Ola Money has also partnered with merchants like Cleartrip and Stayglad, Healthkart, Doormint, amongst hundreds of others. These partnerships allow Ola users, who already maintain a significant balance in their Ola Money accounts, to pay with one touch.

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First Published: Jun 09 2016 | 3:33 PM IST

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