Can I withdraw from Ola money?
Can I withdraw from Ola money? As per RBI guidelines, only Full KYC customers can withdraw money to bank account and transfer to other OlaMoney account. Please complete Full KYC to use these functionalities. In the meantime, you can use your OlaMoney balance to recharge, pay bills, pay for goods & services on our merchant websites/apps/outlets.
Why do people use Ola?
The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 1.5 million driver-partners.
How safe is Ola money?
Ola will never release any of your card details to anyone and we only use your email address and phone number for all your records. All your sensitive personal data is stored in a secure, encrypted manner. Your credit card details are stored in compliance with PCI/DSS guidelines through our payment gateway.
What is the fee for Ola money withdrawal?
In order to provide You with the option of Wallet to Bank Transfer, we will charge a service fee of 4% (of the total transfer amount) along with applicable taxes (“Transfer Fee”) on each Wallet to Bank Transfer transaction, which, where applicable, would be 8 Page 9 Ola Financial Services Private Limited reflected on ...
Where is Ola money accepted?
You can use OlaMoney to pay for everything starting from your cab fares, mobile bills, DTH recharges, electricity & gas bills and for online shopping. Just recharge your OlaMoney and enjoy a seamless experience! Some of our premium partners include BookMyShow, eBay, Dominos, Cleartrip, and OYO Rooms.
Who is the owner of Ola money?
OlaMoney is owned by Ola Financial Services, which also offers other financial products such as buy now pay later, insurance, co-branded credit cards and vehicle loans in partnership with other financial institutions.