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Uber is trying to address the Credit Card issues after it noticed that lots of Singaporeans, maids and foreign labor do not have credit cards but still needs th
by parasanti 10y ago
Uber is trying to address the Credit Card issues after it noticed that lots of Singaporeans, maids and foreign labor do not have credit cards but still needs the service. They accept cash now.
https://www.techinasia.com/uber-cash-payments-singapore https://www.techinasia.com/uber-cash-payments-singapore
- enitihas 10y agoIn India, Uber accepts cash as well as PayTM, and this has helped adoption.
- ValentineC 10y agoI think it's more because Grab (Uber's competitor in Singapore) has always had the cash option from the start (Grab introduced GrabPay — their credit card option — after) [1], and Uber was trying to match the "feature". [1] https://vulcanpost.com/171862/grabtaxi-uber-challenge-cashless-payment/ https://vulcanpost.com/171862/grabtaxi-uber-challenge-cashle...
- pajop 10y agoIn the Philippines, Uber accepts cash. It has the options UberX, Uber Black, UberPool and UberHop (point-to-point)
- nashashmi 10y agoWouldn't it be worthwhile to have an Uber membership card or something so they don't have to carry cash.
- herbst 10y agoMost people dont mind caring cash. Personally i prefer it to digitalized closed systems whenever possible.
- arsmoriendi 10y agoI think Uber accepts cash in Argetina too. At least in Buenos Aires.
- uncletammy 10y agoIf only there existed a peer-to-peer version of electronic cash that would allow online payments to be sent directly from one party to another without going through a financial institution . Maybe one of these days...
- mandelbulb 10y agoYou forgot the magic word non-volatile.
- sf_rob 10y agoAnd forgot the year and a half long debate over scaling that has caused an increase in prioritization fees and delays.
- cynoclast 10y agoIrrelevant. The sole criterion for viability of a currency is acceptance.
- cyber_mango 10y agoI call this false. Got proof?
- rail2rail 10y agoAZERBAIJAN MANAT ZAMBIAN KWACHA BELARUSIAN RUBLE All currencies, all are as volatile as can be.
- tekklloneer 10y agoAnd those three markets also accept (and even more highly value) stable currencies. Bring a Euro to any store in Belarus and it'll be accepted at a greater value than the listed exchange rate.
- 10y ago
- triztian 10y agoCash is also accepted in Mexico ... TJ at least.
- asadlionpk 10y agoIn Pakistan, Uber and it's winning competitor (Careem) take Cash. Which is the preferred method here since banking/card is still not so common.
- cyber_mango 10y agoUber Egypt has cash
- hrrsn 10y agoI have the option of cash payments here in New Zealand. I think I had that option in the US, too.
- hobarrera 10y agoThe same is true in Argentina. Average citizens don't (can't) have credit cards, but Uber has started accepting cash recently.
- molmalo 10y agoIn Argentina, the main problem for Uber is that the court ordered the credit card companies to block payments made by local clients to Uber, because of the company not adjusting to local regulations. So, if you don't have a credit card from another country, you can't use the app, and that makes it hard if not impossible for them to build the necessary economy of scale that their kind of operation needs.
- hobarrera 10y agoYup, that's also an issue. Mastercard does work though, but considering how few people have credit cards (and even fewer have Mastercard specifically), they're having problems hitting critical mass.
- xtracto 10y agoThe same thing happens in Guadalajara, Mexico. One interesting thing an Uber driver told me is that, depending on the area of the city, the majority of people pay with cash or with card. So when he needs cash he drives to a certain area to catch a service.