To allow easy cab and auto booking on its app, the mobile wallet company PhonePe has announced that it would partner with the Indian cab company Ola for a hassle-free booking experience on its app. The partnership would mean that PhonePe users will now be able to make quick and easy bookings on the app. Also, the app will get a new Autopay feature which has never been seen before in the industry. Not only this, but the users will also get access to Ola’s multi-national commuting offerings.
It is also noteworthy that PhonePe and Ola remain at the top of their respective industries. Given this fact, this new partnership will give way for the first large-scale implementation of the Autopay feature. Using this new functionality, users will be able to link their credit/debit card to the PhonePe app once, and whenever they book an Ola cab, the payment will be made automatically and will be deducted from the users’ account once the ride is complete. The functionality will use standing instructions to implement autopay. The users will also have the option of turning autopay off, whenever they need to.
Rahul Chari, co-founder and CTO, Phone Pe said "Ola is the largest smart mobility player in the market, and we are delighted to partner with them. With this partnership, our users can enjoy the ease of using their preferred ride-sharing app from within PhonePe while being assured of the reliability and integrity of their payments. Ola's scale and reach, topped with our Auto-pay feature will enable greater convenience and control to our users while making payments seamless.”
PhonePe also made some comments on the Ola micro-app saying that it is a big technology milestone for the company. It was the PhonePe team which developed the app over the Ola developer platform. The app has also been deemed to be special because it is the first of its kind mapping application which is built on the React Native framework.