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Uber aims for own mobile payment wallet in India

Uber, the US based cab service provider plans to come up with its own mobile payment wallet in India, it is planning to apply to RBI for the licence.

Currently the customers can pay for the Uber trips via Paytm wallet, it has recently tied up with Airtel Money to facilitate payments via the latter’s wallet as well.

The firm aims to make India its second biggest market after the US, it also entered four new Indian cities recently.

According to a source ,”It would be a natural progression for Uber in India given the importance it attaches to Indian market. The growth plans will get a further boost if it gets the nod from RBI for a semi-closed wallet.”

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