Who is the owner of Ola money?
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.
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.
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.
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.
Is Ola a success or failure?
Even if it's over now, the Ola business model is still facing a major setback. Ola's losses accumulate to Rs 17,453 Cr as revenue shrinks 63% in FY21.