Now pay bills and withdraw cash with Ola Money

Ola Money, the popular digital payment solution from Ola, has enabled cashless payments through its wallet for key utilities like gas and electricity across the country. By selecting the ‘Bill Payment’ option on the Ola Money app and selecting their utility provider, users can instantly pay their utility bills with one touch.

In view of the recent demonetization of Rs 500 and Rs 1,000 notes; cashless payments for various needs like mobility, food, travel, entertainment, shopping and now utility bills, becomes extremely convenient with Ola Money. The RBI has also recently increased the recharge limit on wallets like Ola Money from Rs. 10,000 to Rs. 20,000 until 30 December 2016 to facilitate convenient cashless transactions for citizens.

Ola Money is now accepted at over 25 utilities across India. Commenting on the launch, Pallav Singh, SVP & Head – Ola Money said, “Ola Money is making payments seamless beyond mobility, in a variety of use cases every single day. With over 500 merchants already accepting Ola Money across India, we are proud to add 25 leading utilities to this list. The Ola Money wallet is already the most-used payment choice for mobility and one of the top three wallets in the country. With Ola Money, we are coupling our experience in payment technology with our deep commitment to keep India moving towards a cashless economy, helping realize the Digital India vision.”

Ola Money is playing a critical role in the movement of a large number of low-value transactions online, allowing citizens to conserve lower denomination currency for their other needs. Ola Money can be recharged using Net Banking Debit Cards or Credit Cards including MasterCard, VISA, American Express & RuPay.

Meanwhile, Ola has reportedly joined hands with SBI and PNB to set up mobile ATMs in its cabs. The project is currently introduced on a test basis in Kolkata and Hyderabad. The mobile Ola ATMs are reportedly parked at the busiest locations in the cities.