Taxi aggregator Uber on Thursday announced third payment option for their Android app users, apart from cash, e-wallet and credit/debit card with the integration of the Unified Payment Interface (UPI) payments platform.
Through an announcement made from Uber India's official twitter handle, the US-based firm revealed that the rollout will be done in stages, with the pilot version being enforced presently.
"We're happy to announce that UPI is being rolled out in phases. Stay tuned for more updates!" Uber said in a tweet.
We're happy to announce that UPI is being rolled out in phases. Stay tuned for more updates!— Uber India (@Uber_India) July 20, 2017
The option is currently available on Android, and will soon be launched on the iOS platform as well.
"We are evaluating the possibilities around a comprehensive UPI integration and continuing to engage with the relevant stakeholders. As a technology driven company, we applaud the potential and impact that fin-tech innovations like UPI can make. UPI is the future of Indian payments and we are proud to be a partner in this monumental mission of the government to facilitate digital-payments led society," a spokesperson for Uber said in an e-mail response to Moneycontrol.
Currently, Uber allows users to facilitate payment through three modes-cash, card and Paytm.
With the addition of the fourth mode of payment, users can now make easy payments without maintaining a minimum balance, as is the case while using Paytm.
UPI payments have garnered large-scale attention in the past few months, across various sectors.
Additionally, firms like Ola, TrueCaller, Zeta, Cinepolis and PVR cinemas launched their UPI payments platform to facilitate seamless digital payment.