How safe is Ola money?
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.
Why is Ola so expensive?
A variety of factors such as office rush hours, heavy rain , holiday or a local event can cause rise in demand for cabs which may result in peak pricing being applied on your ride. Peak pricing is not a fixed charge and varies depending on the demand for cabs.
Can Ola money be transferred?
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.
Can Ola block my account?
Your account might be permanently blocked if we suspect that your Ola account is being misused to commit fraud or abuse, or there has been a violation of Ola's Terms of Service. If you think that your account has been incorrectly blocked, please tell us your email address registered with Ola and we will look into it.
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.
Which is better Ola or Uber?
That said, Uber follows a better routing algorithm, and their cabs reach the pick-up location within minutes. However, Ola Cabs often show a waiting time of about 15 minutes. Cab Availability - Both Ola and Uber provide different options for choosing a cab, such as large, mini, and shared cab options.
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.