Ola announces 'Ola Money' for easy mobile recharges and transfers

Ola, India's most popular mobile app for personal transportation, announced the launch of mobile app for 'Ola Money' that will allow users to have a single point access across multiple brands.

The Ola money app can be used for mobile phone recharge across all operators as well as to send money to friends and family. 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, Tiny Owl and various others.

With an average wallet size that is significantly higher than its peers, Ola Money is one of the leading wallets in the country today. It is amongst the most preferred mode of payment on the Ola app. 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.

The app will soon be fit for use 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.

Bhavish Aggarwal, Co-founder and CEO, said, "The launch of the Ola Money app is a big step towards simplifying payments for users across a wide range of products and services they use everyday!"

"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," he added.

Powered by ZipCash, Ola's mobile wallet will offer its users a seamless experience, making payments easier and simpler. Ola Money can be used at several merchants. The Ola Money app on Android, iOS and Windows can be downloaded from Google Playstore.