Uberhas rolled out a new on-demand cash out feature for its drivers in India.
- The drivers will be able to take out the money anytime in the week, once they have earned a minimum of ₹200.
- Uber, which had been severely impacted by the coronavirus pandemic and the subsequent lockdown, is witnessing recovery across India.
Uber has rolled out a new on-demand cash out feature for its drivers in India. Through the new program, drivers will be able to collect their earnings from the company any time of the week instead of waiting for the fixed weekly cash.
However, the drivers will be able to take out the money once they have earned a minimum of ₹200.
“Drivers drive our business, and we have always said there is no Uber without drivers. Supporting the driver community has never been more important than now. To help drivers in these challenging times, we’ve rolled-out an ‘On Demand cash-out feature’ which allows them the flexibility to cash out at any day of the week, instead of waiting for their weekly cash outs,” said Pavan Vaish, Head of Supply and Driver Operations,
Uber, which had been severely impacted by the coronavirus pandemic and the subsequent lockdown, is seeing
green shoots of recovery across India. Globally, for the second quarter of the year, Uber saw its gross bookings come down by 35% to $10.2 billion, while its revenue was down by 29% year-on-year to $2.24 billion.
The ride-hailing giant has been ramping up its offerings in India. It had recently announced its expansion in its thriving auto rickshaw business in India by placing more autos outside metro stations in Delhi NCR, Kolkata and other cities. By August 2020, Uber’s auto and moto (two-wheeler) offerings were already at 80% of their pre-COVID booking levels.