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Uber riders can now pay in rupees abroad, Paytm

The Dollar Business Bureau Indian payment gateway company, Paytm will now enable Uber riders to pay in Indian currency for their rides while travelling in a foreign country, using their mobile wallet, by April-end. Paytm, backed by Chinese e-commerce giant Alibaba, will not levy any extra charge as conversion rate and the cab fares will be based on the prevailing foreign exchange rates. At present, Uber users in India need to pay through credit card for their rides taken aboard. Vijay Shekhar Sharma, CEO, Paytm said that the users, while travelling abroad, are now able to pay in Indian currency for their Uber rides. The process of integration is in the process and should be in place by this month-end.” “There are no hidden ...