Uber launches debit card payment in India

Uber, the technology-based cab service provider, onMonday launched debit cards as an additional payment option for all usersacross the 18 cities that Uber operates in, in India.

In July, credit card payments was re-introduced in India for all Android users,in partnership with MobiKwik . Now, users across iOS and Android platforms havethe option to pay via debit/credit cards.

"Adhering to RBI regulations, there will be a two-factor authenticationflow built into the app and users will have to enter either their onlinebanking pin or their one-time password to request for a ride using theirdebit/credit card," the company said in a statement.

Commenting on the new payment mode rollout, an Uber spokesperson said, "AtUber , we're about making transportation as convenient and hassle-free aspossible."

"As we continue to focus on our mission to re-define urban mobility inIndia, riders will have the ability to chose from debit/ credit card payments,Paytm (digital wallet), and Cash (in 6 cities)," he added.

The company earlier said that it was allowing cash payments, too, in the sixcities of Ahmedabad, Chandigarh, Hyderabad, Jaipur, Kochi and Pune. The moveassumes significance as Uber's global business model does not allow cashtransactions.