Taxi provider Uber is offering free cab rides this week in India. Cab users who have already linked their Uber app with virtual wallet Paytm can avail the offer.
What’s the offer:
Users are eligible for five free rides worth up to Rs 300 each. This offer is applicable till 6:00PM November 30, and is only applicable for users who have integrated their Paytm wallets. Uber has introduced this offer across all Indian cities for uberGO, uberX and UberBLACK rides.
Earlier this month, Uber tied up with payment services firm Paytm after the RBI said it had to have a two-step verification for card-based transactions and users of the taxi app will have to open pre-paid virtual wallet accounts in order to make payments.
Users of the app will have to now open accounts with the payment services firm and pre-load their accounts with cash that can be made through credit or debit cards.
“Once you link your debit card or bank account via a Paytm wallet to your Uber account, you’ll easily be able to top up your wallet using multiple payment options,” Uber said in a statement.
India is the first country where it has made such an arrangement.
Those who have already registered with Paytm can just link their accounts with Uber. Others will need to sign up with Paytm which involves regulatory steps like verification of a phone number and email address. Once that is done, the wallet can be topped up in multiple ways.
Unlike earlier when users were debited the amount from their registered credit or debit cards with Uber after a journey, travellers are now required to pre-load their wallets before a trip and the fare will be deducted from the online balance after the journey.