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Swiggy to use digital payments for delivery fleet

Founded in 2014, Swiggy aims to "change the way India eats" and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others

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Encouraging Digital Transactions by exempting service tax on Cards (Wikimedia commons)
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  • Swiggy is an online food ordering platform
  • It will now allow digital payments for delivery feet
  • this method will prevent any leakage in cash payment process

Online food ordering and delivery platform Swiggy on Monday said it would use privately-run ICICI Bank to allow its delivery fleet to make digital payments.

“Through the use of Unified Payment Interface (UPI)-based solution for instant fund transfers and automated cash deposit machines at ICICI Bank branches and ATMs across the country, the delivery fleet will have a hassle-free way of transferring funds,” the company said in a statement. Swiggy operates with a fleet of over 20,000 delivery persons delivering food from over 25,000 restaurants across 12 cities.

These digital payments will prevent leakage in cash payments. Wikimedia Commons

With cash-on-delivery being a widely used method of payment on the platform, the digital payment methods allow the delivery men to quickly transfer the funds to Swiggy, saving their time, according to the statement.

“With the delivery fleet being the backbone of Swiggy, the adoption of the digital payment solutions will support the ease of operations and save their time and thousands of kilometres of travel,” said the company’s Chief Financial Officer (CFO) Rahul Bothra in the statement. The digital payment methods will also help in preventing any cash leakages, the company said.

Also Read: Rise Of Digital Media Unstoppable: Experts 

Founded in 2014, Swiggy aims to “change the way India eats” and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others. IANS

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Uber Launches ‘Movement’ In Bengaluru, India

We are excited to launch this platform and its benefits for Bengalureans to encourage better infrastructure: Uber India

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Toyota Motor Corp. recently invested $500 million in working with Uber on self-driving technology for the ride-hailing service.

After successful launches in Delhi and Mumbai, US-based ride-sharing giant Uber on Wednesday rolled out “Movement” for Bengaluru.

“Movement” is a free urban planning tool accessible through movement.uber.com.

It allows people access to data on traffic patterns and travel times for any time-period and across all possible lengths of the city.

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Photo shows an exterior view of the headquarters of Uber in San Francisco. (VOA)

“Through sustained efforts by our mapping team, we have been able to gather large amounts of traffic and congestion data for Bengaluru,” Christian Freese, Uber spokesperson, said in a statement.

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