The introduction of the digital wallet has bought in a sea of change in the way we conduct financial transactions. Over the last few years, many digital wallets have been introduced in India to promote cashless payments. One such money wallet that was launched in 2015 was Ola Money.
Ola Money used to make payment for using Ola cab rides. Apart from using it for rides, the users can also use the wallet for making payments at groceries, flight tickets, utility bills, mobile recharge, online shopping and so on.
The Ola app is available on both android and ios devices.
Features of Ola Money
The following are the features of Ola Money:
Fastest Way to Pay: Using Ola Money the users can say goodbye to cash
Pay Everywhere: The Ola Money wallet used to make payment everywhere be it movies, food, cabs, shopping, groceries, mobile recharges, DTH recharge, and so on.
Safe: Ola Money is safe to use as the user's data will be kept secure.
Seamless Experience: It is easier and simpler to make payments using Ola Money.
How Does Ola Money Works?
Open the Olacabs app on your mobile phone and follow the below-mentioned steps:
Step 1: Firstly, Navigate to the Profile Menu.
Step 2: Proceed further and click on 'OlaMoney'.
Step 3: Now add money to your wallet through any of the payment modes.
Step 4: You can now use the OlaMoney.
How to Check OlaMoney Balance?
The users can check the OlaMoney balance from their Ola app menu.
First, click on the Ola app menu.
Select the 'OlaMoney' option to know your wallet balance.
Alternatively, the users can also select the 'Payments' option from the Ola app menu to know the OlaMoney balance.
How to recharge OlaMoney wallet?
Follow the below-mentioned steps to recharge your 'OlaMoney' wallet:
First, select OlaMoney from the Ola app menu.
Now select or enter the money which you would like to recharge.
Proceed further and tap 'ADD OlaMoney'.
Select the mode of payment.
Follow the instructions which appear on the screen.
Please Note: The users can recharge their wallet with a minimum amount of Re 1 and a maximum amount of Rs 10,000 every month. If in case, the user would like to upgrade their wallet balance of up to Rs 1 lakh, all they have to do is to submit documents as required under the Know Your Customer (KYC) mentioned under the RBI guidelines.
Where can the user view OlaMoney transactions?
The Ola riders can view their OlaMoney transactions by following the below-mentioned steps:
Step 1: First select the OlaMoney option from the Ola app menu.
Step 2: On the OlaMoney screen, click on the icon present on the top right corner of the screen.
Step 3: Now you can view all your OlaMoney transactions here.