Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News

Uber introduces Uber Money to expand its financial services

Moupiya Dutta
Moupiya Dutta
She finds it interesting to learn and analyze society. she keeps herself updated, emphasizing technology, social media, and science. She loves to pen down her thoughts, interested in music, art, and exploration around the globe.

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

Uber launches a new service called Uber Money as it tries to get into the financial services market. The company is introducing an Uber Wallet which is “the new home for your money on Uber. Easily track your earning and spending history, manage and move your money, and discover new financial products all in one place” along with its own debit and credit card support.

As a kick start, the company says that the Uber drivers will have a better way to get the money they earn on rides instantly. Mostly, drivers either wait for weekly payments or cash out using “Instant Pay”.

The account amalgamates into the Uber Driver app, and lets drivers get cash back starting at 3% and up to 6% for Uber Pro drivers.  Then there’s also the Uber Credit Card, which is apparently Uber Money’s “flagship” consumer product built in partnership with Barclays.

The digital wallet, of Uber which will allow drivers to “easily track their earning and spending history, manage and move their money, and discover new Uber financial products all in one place,” will start rolling out in the Uber driver app in the coming weeks.


Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic