Corporate

Uber Partners with digital payments solution company ItzCash

Uber Partners with digital payments solution company ItzCash

Ride hailing app Uber has entered into a strategic partnership with digital payments solution company ItzCash Card Ltd. to expand its customer base by offering the on-demand urban mobility experience to the under-served / under-banked segments across Chennai, Chandigarh and Nagpur.

With 75,000+ pan-India network of retail touchpoints called ItzCash World Uber will leverage many of these existing network of retail touchpoints in these three cities to generate awareness and build deeper engagement. The partnership allows Uber to further extend and integrate its on-demand platform to millions of new potential riders in the metros and T2-T4 towns and cities, going forward.

“The Tier 2 and 3 cities and SEC B, C segments will make up the next 500 million consumers for the sharing economy,” said Naveen Surya, MD, ItzCash. “Uber has been at the forefront of the sharing economy revolution in India. As a company that pioneered on-demand financial inclusion through innovative instruments, we at ItzCash are excited to serve as the catalyst for helping Uber tap into this vast pool of consumers and make urban mobility smarter and affordable for all Indians.”

Amit Jain, President, Uber India, said, “We are very excited about this partnership. ItzCash has an extensive retail presence and expertise in working with the underbanked segment. This partnership will go a long way in helping us engage with millions of underserved commuters as we expand into smaller cities in India.”

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Most Popular

The Red Mark has been established as a news portal to act as a conduit between the booming startup economy and the established, traditional players. Today's startups are tomorrow's small and medium business or large enterprise and we believe that no one can afford to be an island; if both work in tandem they can learn a lot from each other.

Contact Us

Address : 570, first floor, sector 22B , Gurgaon - 122015

Contact No. : 0124-4377494

For Any Query Please write below


Editorial : karma@theredmark.net

Advertisement : hem@theredmark.net

Subscribe to Our Newsletter





CAPTCHA


copy the digits from the image into this box

Copyright © 2016-2017 The Red Mark. All Rights Reserved.

To Top