Ola partners with Visa, SBI to launch credit cards

Ola users will be able to apply, view and manage their credit cards directly on the Ola app and will get instant cashbacks.

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“Mobility spends form a significant wallet share for users and we see a huge opportunity to transform their payments experience with this solution,” said Aggarwal.
BENGALURU: Homegrown ride-hailing platform Ola has launched a credit card in partnership with SBI and Visa, the company said in a statement. Ola users will be able to apply, view and manage their credit cards directly on the Ola app and will get instant cashbacks, which can be redeemed against Ola rides, flight and hotel bookings.

ET first reported the tie-up in its April 30 edition. “Mobility spends form a significant wallet share for users and we see a huge opportunity to transform their payments experience with this solution,” said Bhavish Aggarwal, CEO of Ola.

Earlier this week, Paytm partnered with Citibank to launch contactless credit cards. In October last year, Amazon Pay tied up with ICICI Bank to launch a co-branded credit card which offered customers rewards and benefits on the Amazon India ecosystem.

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