Surprising Uber News – Uber Launches its own debit card at Mexico!
Uber has always believed in providing reliable and safe rides to its customers through its ride-hailing apps. One of the barriers to Uber’s growth in Mexico is the mode of payment since the banks there do not allow the customers to use their debit and credit cards online. This is why Uber launched its own debit card in partnership with Bankaool and Master card. Isn’t this the biggest Uber news of the town!
It is definitely the first time for the bank as well as Uber to launch such debit cards in Latin America. This card can be used to pay at various other places such as restaurants, cinemas, e-commerce websites and mobile apps too. Apart from this, you can also use it to withdraw cash from Automatic Teller Machines (ATM) since this card is linked to your Bankaool bank account.
Uber’s achievement – explained in detail
As Uber always works with the motive to help its customers, this initiative too will be available to all the Mexicans out there. The partnership is basically built to offer advanced services to the cardholders and also make them use these modes of electronic payments with convenience and safety in every transaction.
Apart from this, they have also made the process easy for obtaining this debit card. So, all you need to do is to visit the Bankaool website or just click this URL (bankaool.com/Uber) and enter your personal information. Deposit MXN$200 as an initial deposit in your account which can be spent later on and the maximum limit for deposit is MXN$15000. Within 10 days, only the Mexican people will be getting these cards to their addresses. When it comes to advantages you can use it at all the places when you go out and for internet banking purpose too.
You get to perform every transaction that every other bank offers such as unlimited interbank transfers, check balance, account statements, monthly reimbursements for two cash withdrawals from ATM and much more. Those customers who link this to their Uber account get the first ride absolutely free.
Uber’s aim!
The next step here is attracting more and more drivers and this can be achieved only by paying them instantly through this debit card. To make this possible, Uber signed an agreement with Green Dot’s Go Bank that launched the pilot program called “instant pay” in San Francisco.
Drivers had to just apply for the Uber debit card at this bank that would help them to access their earnings as soon as a ride was completed. All these earnings received after a ride would be transferred to this account. Normally, the monthly charges for having accounts in this bank is $8.95 but in case the drivers get direct deposits from Uber, then such charges will be automatically cancelled. With such benefits being offered, Uber is now expecting nearly 4000 to 5000 drivers to join this service within a month in the US.
Attracting more drivers is indeed a challenging part as the company sustains on these drivers only. They are trying to introduce innovative ideas like the Uber news of linking with bank accounts, providing instant pay and much more. This will not only increase the number of employees but will also lock them with the company for a longer time. The other step towards progress is to introduce these programs in countries like India and China where they wish to expand their market.
Hence, the main objective of launching such programs is to help the drivers get their earnings immediately along with keeping the account fares and costs minimum. In this way, the bank, employees and the organization are not incurring a loss at any stage.
