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Uber expands services with announcement of digital wallet and relaunched credit card

By Ramla Soni

New service Uber Money will include a digital wallet and upgraded debit and credit cards adding 'additional value' to the company

Uber expands services with announcement of digital wallet and relaunched credit card

Taxi service Uber has introduced a new division called Uber Money, which will work on financial products and technologies that the company says will deliver “additional value” for the Uber community.

The new division will include a digital wallet and upgraded debit and credit cards, giving the company’s four million-plus drivers and couriers around the world real-time access to their earnings after every trip, through the Uber Debit account.

For drivers in the US, and expanding to more countries soon after, Uber is updating the no-monthly-fee Uber Debit Account to integrate seamlessly into the Uber Driver app. Earners and spenders will now be able to easily track their earning and spending history, manage and move their money, and discover new Uber financial products all in one place, the company said.

The Uber Wallet will appear in the Uber Driver app in the coming weeks, and will soon start rolling out in the Uber and Uber Eats apps as well, the company said.

Uber is also relaunching its flagship consumer product, Uber Credit Card, in partnership with Barclays.

Cardmembers will now receive give per cent back in Uber Cash from spending across the Uber platform, including Uber Rides, Uber Eats, and JUMP bikes and scooters.

Uber recently launched Uber Pro for its UK drivers. The programme offers free education courses, 24/7 roadside assistance and discounted car maintenance, Uber said.

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