Uber allows Indian drivers to cash out their earnings on any day of the week

A man checks his smartphone whilst standing amongst illuminated screens bearing the Uber Technologies Inc. logo in this arranged photograph in London, U.K., on Tuesday, June 26, 2018. Photograph: Bloomberg

Uber has recently launched an on-demand cash-out feature for drivers across moto, auto and cars, the ride-hailing company said. The aim is to help eligible drivers cash out their earnings any day of the week, once they’ve earned a minimum amount of 200, the company said.

“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,” said Pavan Vaish, Head of Supply & Driver Operations, Uber India SA.

“Drivers on the Uber platform have always gone the extra mile for us, and we will continue to appreciate their hard work by making driving with Uber a more rewarding experience for them,” he further added.

In the wake of COVID-19 lockdown, the ride-hailing giant has launched several initiatives to help the drivers. The company has recently unveiled Uber Car ewhich helps thousands of drivers get easy access to life insurance, family health insurance, free medical consultations through DocsApp, micro-loan(s), etc. “During the lockdown, the Uber Care Driver Fund disbursed grants to approximately 100,000 drivers,” the company mentioned.

It also introduced several new safety measures such as a mandatory mask policy for riders and drivers. The cancellation policy has also been updated, following the COVID-19 outbreak. Uber distributed over 3 million masks and 400,000 bottles of disinfectants and sanitisers to its drivers.

The article was first published on livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.