Uber is sekis poronstarting to look more and more like a bank.
The ride hailing giant unveiled Uber Money, a new division for the company focused on providing financial services for its riders and drivers, starting with debit and credit cards.
Though Uber has dabbled in these kinds of services in the past, Uber Money represents the company's most significant investment in the space. The move will also likely prompt criticism for the company, which has faced pushback over low wages and its resistance to providing benefits to drivers.
Original image has been replaced. Credit: Mashable For drivers, the new Uber Money "benefits" are focused around making it easier to access their earnings. The company is expanding Instant Pay, which makes earnings for rides and deliveries available immediately. Uber is also introducing a new debit card for U.S. drivers. The debit card will give drivers cash back benefits on gas purchases, and will allow them to access "no-cost $100 overdrafts" when they need short-term loans, according to CNBC.
Uber's app for drivers will also get a new wallet section to help drivers track their money.
Though most of Uber Money's initial efforts are aimed at its army of drivers, the company also plans to extend its financial services to riders as well. Uber will launch a new version of its Uber-branded credit card, which it fist launched in 2017. With the latest Uber Credit Card, card owners will get 5 percent of all Uber purchases back in the form of Uber Cash.
The company is also not ruling out eventually bringing riders into its banking services, with Uber Money chief Peter Hazlehurst telling CNBC the company could make its debit accounts available to riders in the future.
Topics Uber
Nanka Yamaguchi Kenjinkai to Celebrate New Year
Kazuki Takahashi, 'Yu
Next on ‘Asian Pacific America’: Ben Fong Torres
BOOK REVIEW: Hansen’s ‘Manzanar Mosaic’ Provides JA Perspectives on Camp
Riverside Love Story, an Artist
West Covina Cherry Blossom Festival Next Saturday
Amache National Historic Site Invites Public Input on Development of Foundation Document?
Heart Mountain Wyoming Foundation Awarded Mellon Foundation Grant
Huntington Beach Cherry Blossom Festival This Sunday
National, Local Leaders React to Shinzo Abe's Death
Screening of ‘Nuclear Cattle’ at Art Share L.A.
2023 Manzanar At Dusk Will Connect Past and Present Injustices
A Little Dancing
2023 JA Memorial Day Service at JACCC
Returning to Her Parents’ Musical Roots
UTLA Reaches Labor Agreement with LAUSD
Imagine Little Tokyo Celebrates 10 Years
UTLA Reaches Labor Agreement with LAUSD
BetterBabbit и VV возглавили группы на BetBoom Classic: Hearthstone Battleground
Next on 'Asian Pacific America': 'Like a Rolling Stone' Documentary
PBKS vs. CSK 2024 livestream: Watch IPL for freeI tested Rabbit R1 vs. Meta AI: The winning AI assistant will surprise youNYT's The Mini crossword answers for May 8Hank Green says TikTok won't tell him how much it's paying himMet Gala 2024 was filled with floral fashion. The internet had thoughts.Wordle today: The answer and hints for May 6What is Bumble, and is it better than Tinder?How to download Google MapsMother's Day deals 2024: Amazon devices & accessoriesWordle today: The answer and hints for May 6 Best Kindle deal: Certified Refurbished Kindle Oasis on sale for $154.99 Scientists detect 8 billion Apple TV+ is getting a price hike Best UV phone sanitizer deal: Save $42.96 on the PhoneSoap 3 UV Sanitizer at Amazon 3 ways Google Chrome is speeding up your searches Google Chrome may soon cover up your IP address Best cordless vacuum deal: Act fast to get the eufy by Anker HomeVac S11 Go for $100.90. M3 iPad Pro 2024: Release date, new features, specs, and more How to watch Indiana vs. Rutgers football without cable: kickoff time, streaming deals, and more Wordle today: The answer and hints for October 21
0.1788s , 10000.8046875 kb
Copyright © 2025 Powered by 【sekis poron】Uber Money will give the company an even tighter grip on its drivers' finances,Feature Flash
