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Uber launches cash-out feature to help drivers during the pandemic

Uber drivers will be able to cash out their earnings during any day of the week after earning a minimum amount of Rs 200

November 27, 2020 / 12:50 PM IST
Ride sharing services (Representative Image)

Ride sharing services (Representative Image)

Uber has rolled out an on demand cash-out feature for its drivers to provide support during the COVID-19 pandemic.

Drivers across moto, auto and cars will be able to cash out their earnings during any day of the week after earning a minimum amount of Rs 200, according to a Mint report.

"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," Pavan Vaish, Head of Supply & Driver Operations, Uber India SA said as quoted by the paper.

The ride-sharing company had started the Uber Care Driver Fund in April  to provide drivers financial assistance during the COVID-19 pandemic.

"During the lockdown, the Uber Care Driver Fund disbursed grants to approximately 100,000 drivers," the company said, as quoted by Mint.

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The company's business has been hurt by the novel coronavirus outbreak and consequent lockdowns.

According to a separate report by Business Insider, Uber's gross bookings globally dropped 35 percent to $10.2 billion during the second quarter of the year, while its revenue fell 29 percent year-on-year to $2.24 billion.
Moneycontrol News
TAGS: #India #Uber
first published: Nov 27, 2020 12:35 pm

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