Market digest

Uber, bKash tie up for contactless payment

Staff Correspondent

11 August, 2020 12:00 AM printer

Uber and bKash on Monday announced a partnership which will allow Uber riders to pay for their trips using bKash, the largest mobile financial service provider in Bangladesh.

The long-awaited partnership aims to enhance rider experience and safety by making the payment process contactless, convenient and secure as riders resume travel after a lengthy lockdown, said a press release.

The partnership will give millions of Bangladeshi riders the convenience of seamlessly taking Uber rides, without the inconvenience of carrying cash or worrying about exact change. bKash’s digital payment option will take care of all transactions without any manual intervention once the bKash wallet is added as a payment method on the Uber app.

Serving approximately 45 million local users, bKash has been used daily to transfer money, pay for utilities and for other services. With the new partnership, bKash users will have instant access to Uber, and safe and reliable rides at the touch of a button.

The partnership with bKash is a first of its kind for Uber in Bangladesh and is a big step on its journey to increase digitized payments on its platform. It also demonstrates Uber’s commitment to strengthen the digital financial ecosystem and help accelerate ‘Digital Bangladesh’ - the government’s vision of a smart, connected nation.