Uber extends cash payments to four more cities Online cab hailing service Uber has extended cash payments to four more cities in India. Users can now pay with hard money in the cities of Ahmedabad, Chandigarh, Jaipur and Kochi. Uber earlier this year had begun testing cash payments in Hyderabad. Currently, India and Kenya are the only countries where the company accepts cash payments. Globally, Uber mostly accepts payments via credit card. Earlier in April, Uber introduced cash-based auto services in Delhi called uberAUTO. Hired autos will ply at government approved metered fare and will have to be paid for in cash at the end of the ride. To use the service, users need to login on the platform and book an auto like a regular taxi. No booking charges are levied by Uber and users don’t need to have any balance in their Patym wallets either. Earlier this month, Uber also resumed payments via credit cards in India after nine months. Uber had stopped payments via credit cards after the Reserve Bank of India (RBI) had raised concerns over two factor authentication and violation of foreign exchange laws in India. Earlier in November 2014, Uber had tied up with Paytm to enable users make use of Paytm’s prepaid wallet to pay for their tax rides. This tie-up was necessitated after RBI issued a directive that Card Not Present (CNP) transactions for purchases of goods and services in India had to be processed through Indian banks and payments needed to be made in Rupees in August this year. 1mg…
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