Cab aggregator Ola on Monday announced that its mobile wallet, Ola Money, will be soon enabled as a payment method on Oyo Rooms, Lenskart, Saavn, Zopper, BusIndia, and Zoomin.

Ola-Money

This follows the company’s forays into food and grocery delivery with Ola Cafe and Ola Store earlier this year.Ola Money users will also be offered promotional cash-backs and discounts from merchants in the initial roll out integration.

Ola currently claims to have 20 million customers on its platform and claims to be among the top 3 mobile wallets in India by transaction volume. Ola also claims that its wallet witnesses ‘high frequency usage and recharge’.

With Ola Money, customers can use the wallet’s one-touch checkout experience outside the Ola platform, taking away the hassle of one time passwords and multi-layer authentications.

Ola claims that with an average wallet balance of Rs 1,000, Ola Money is the most preferred payment option across Ola’s transport services of cabs, autos, kaali-peeli taxis, Ola Cafe (food delivery) and Ola Store (grocery delivery).

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