Uber is starting to look more and more like a bank.
The ride hailing giant unveiled Uber Money, a new division for the company focused on providing financial services for its riders and drivers, starting with debit and credit cards.
Though Uber has dabbled in these kinds of services in the past, Uber Money represents the company's most significant investment in the space. The move will also likely prompt criticism for the company, which has faced pushback over low wages and its resistance to providing benefits to drivers.
Uber Money is the company's most aggressive push into financial services.Credit: uberFor drivers, the new Uber Money "benefits" are focused around making it easier to access their earnings. The company is expanding Instant Pay, which makes earnings for rides and deliveries available immediately. Uber is also introducing a new debit card for U.S. drivers. The debit card will give drivers cash back benefits on gas purchases, and will allow them to access "no-cost $100 overdrafts" when they need short-term loans, according to CNBC.
Uber's app for drivers will also get a new wallet section to help drivers track their money.
Though most of Uber Money's initial efforts are aimed at its army of drivers, the company also plans to extend its financial services to riders as well. Uber will launch a new version of its Uber-branded credit card, which it fist launched in 2017. With the latest Uber Credit Card, card owners will get 5 percent of all Uber purchases back in the form of Uber Cash.
The company is also not ruling out eventually bringing riders into its banking services, with Uber Money chief Peter Hazlehurst telling CNBC the company could make its debit accounts available to riders in the future.
TopicsUber
(责任编辑：娛樂)
Felix the cat just raised £5000 for charity because she's the hero we all need
Han Solo, meet Fleabag? Millennium Falcon may gain a CGI character
Leaked photos reveal the Samsung Galaxy S8's front in all of its glory
UK mosques open up to visitors for food, tea, and a chance to talkThis company is hiring someone just to drink all dayIvanka Trump's unpaid interns share cringeworthy financial advice
Ivanka Trump's interns have some questionable advice for students worried they can't afford an unpai
...[详细]People can't stop sharing this cartoon about Trump's 'Muslim ban'
Last week, President Trump gleefully signed a defacto Muslim ban, hoping to ban green card and perma
...[详细]Don't ever try to use 'Harry Potter' against J.K. Rowling in an argument
LONDON -- As we've learned over the past week, throwing insults at J.K. Rowling on Twitter is a very
...[详细]This company is opening a virtual reality multiplex this fall
Los Angeles is set to become home to a very futuristic theater experience this fall, as "new locatio
...[详细]Dog elected for third term as mayor of Minnesota town
Hopefully he has a human chief of staff. 。Duke the Great Pyrenees is the only dog that's ever been el
...[详细]John Oliver is so over Obama after those kitesurfing pictures
John Oliver doesn't pull metaphorical punches, even when it comes to former U.S. President Barack Ob
...[详细]'Legion' creator wants the show to prove itself before you call it an X
Keep this in mind when you tune into Legion: series creator Noah Hawley isn’t just messing wit
...[详细]People can't stop sharing this cartoon about Trump's 'Muslim ban'
Last week, President Trump gleefully signed a defacto Muslim ban, hoping to ban green card and perma
...[详细]This 'sh*tpost' bot makes terrible memes so you don't have to
The internet is awash in trashy memes just waiting for your late-night retweet spree. Why waste prec
...[详细]Teacher makes GoFundMe to 'buy' senator's vote on Betsy DeVos
UPDATE: Feb. 3, 2017, 3:02 p.m. EST A spokesperson for GoFundMe has informed Mashable that the "Buy
...[详细]Metallica to seek and destroy your eardrums with new album this fall
George and Amal Clooney are expecting twins so that's something nice
