Ola introduces Android wallet app, Ola Money

BANGALORE, INDIA: App-based taxi services aggregator, Ola now launched a dedicated mobile app for Ola Money that will allow users single point access across multiple brands and use cases. For example, the app can now be used for mobile phone recharge across all operators as well as to send money to friends and family.

The app will soon be usable for utility bill payments, across online and offline merchants and leading payment gateways as well, making Ola Money a holistic solution in the payment ecosystem.

Ola Money earlier used to be one of the payment modes on the Ola app. In August, the company had announced that its customers could use Ola Money for payments at a wide range of merchants including OYO Rooms, Saavn, Lenskart, Zo Rooms, TinyOwl, etc.  With Ola Money, users can pay any of the partner merchants without having to provide any additional authentication, other than their Ola credentials already present on the app.

Bhavish Aggarwal, Co-founder & CEO, Ola said, "Ola Money has seen tremendous acceptance over the last three months, since the time we opened it up for third party merchants. We continue to add more merchants and build many more use cases with Ola Money, making it a seamless experience for users."

Ola Money, powered by ZipCash. The Ola Money app is now available on Android and is coming soon on iOS and Windows as well, said the company.