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PhonePe & Ola launches AutoPay feature


New Delhi, Payment platform PhonePe announced a partnership with Ola, a ride-sharing company for a hassle-free cab and auto booking experience, a statement said on Thursday. “Users can now book an Ola using the PhonePe app. With this integration, PhonePe users will have access to Ola’s multi-modal commuting offerings, along with the benefit of using the industry-first AutoPay feature,” said Rahul Chari, Co-founder and CTO, Phone Pe," the release said. Through AutoPay, users just need to link their preferred Credit/Debit card for a Ola ride in the PhonePe app once, and their ride-fare would automatically be paid at the end of every ride. Users also have the flexibility of setting and switching off AutoPay instructions anytime they want. Ankit Bhati, Co-founder and CTO, Ola, said, “Through this integration, millions of PhonePe users will be able to avail Ola’s services and offerings seamlessly. Such partnerships drive the vision of Digital India, getting more users to experience the benefits of online services. “This partnership is part of PhonePe’s vision of being an open payments ecosystem, enabling businesses of all sizes to build and deploy apps on its platform with a unified login and payments experience for its users. This will enable businesses to reach out with their services to a highly relevant and rapidly growing base of over 100 million PhonePe users. “Going forward, PhonePe is rapidly adding partners in the travel, hospitality,ticketing and food segments to its micro-app platform,” the release stated.

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