OlaMoney Wallet Features

1. OlaMoney can be used to make payments online as well as at several offline stores.  
2. It employs a simple payment mechanism to facilitate payments in a matter of seconds. 
3. You can recharge your mobile and pay your utility bills conveniently.  
4. The Ola Money e-wallet can be used to book Ola cab rides.  

1. You can track and maintain your transaction history with ease. 
2. OlaMoney enables you to send and receive money at any time and from any location. 
3. If you save your credit card /debit card details, you will be able to make faster payments. The same is true for paying postpaid mobile bills.  

How to Download OlaMoney App?

The steps to download the OlaMoney app are mentioned below: 

Step 1: Open the Android or iOS app store on your smartphone.  

Step 2: Look for the ‘Ola Money’ app and tap on the ‘Install’ option. 

Step 3: Once the app is downloaded, launch it and register.  

How to Activate OlaMoney?

Here is how you can activate OlaMoney: 

Step 1: Open the ‘Ola’ app on your smartphone.  

Step 2: From the menu, tap on the ‘Ola Money’ option. 

Step 3: Tap on the notification stating ‘You've got OLA Money Postpaid.’ 

Step 4: To proceed with the process, tap on the ‘Get Started’ option.  

Step 5: A notification will be sent to your registered mobile number. 

How Does OlaMoney Work?

You can use the Ola Money e-wallet or Postpaid wallet to pay for any of your Ola trips as well as avail of other online services. It eliminates the hassle of recharging the wallet and facilitates fast payments. The payment facility can be availed for up to 15 to 30 days through Ola Money Postpaid, or until the OlaMoney Postpaid limit is reached, whichever is earlier.  

Simply put, the Ola Money Postpaid service allows you to book multiple Ola trips and then pay for them all at once for the whole 15-day period. You only need to click once to complete the payment; therefore, there is no need to enter an OTP or a password. 

How to Check OlaMoney Balance?  

If you want to check the balance on your OlaMoney, follow these steps: 

Step 1: Open the ‘Ola’ app on your smartphone.  

Step 2: From the menu, tap on the ‘Ola Money’ option.  

Step 3: You can also check your OlaMoney balance by tapping the ‘Payments’ option.  

How to Recharge OlaMoney?

A minimum of Re.1 and a maximum of Rs.10,000 can be added to your e-wallet each month. You must submit the necessary documents in accordance with the Reserve Bank of India (RBI) guidelines for KYC if you want to increase the limit up to Rs.1 lakh.  

Here are the steps to recharge your OlaMoney: 

Step 1: Open the ‘Ola’ app on your smartphone.  

Step 2: From the menu, tap on the ‘Ola Money’ option. 

Step 3: Select or enter the recharge amount.  

Step 4: Choose a payment method and follow the on-screen instructions. 

How to View OlaMoney Transactions?

The steps to view all your OlaMoney transactions are listed below: 

Step 1: Open the ‘Ola’ app on your smartphone.  

Step 2: From the menu, tap on the ‘Ola Money’ option. 

Step 3: On the OlaMoney screen, tap the icon in the upper right corner. 

Step 4: Your OlaMoney transactions will be displayed here. If you want a detailed statement, you can reach out to OlaMoney at support@olamoney.com. 

How to Remove Card Information from OlaMoney?

If you wish to remove your credit card information from the OlaMoney app, follow the steps mentioned below: 

Step 1: Launch the ‘Ola’ app on your smartphone.  

Step 2: From the menu, tap on the ‘Ola Money’ option. 

Step 3: Choose the 'Add Money’ option.  

Step 4: You will be redirected to the payment page where you can view the details of your saved cards. 

Step 5: Swipe left to delete your card information from the app. 

How to Clear Outstanding Balance on OlaMoney? 

To clear any outstanding OlaMoney dues, follow these steps: 

Step 1: Navigate to the profile menu on the left side of your OlaMoney app. 

Step 2: From the Postpaid section, select the ‘Ola Money’ option.  

Step 3: All of your outstanding dues will appear on the screen.  

Step 4: Tap on the ‘Clear Dues’ option.  

KYC for OlaMoney 

If you use Ola Money's prepaid wallet, you must complete KYC according to the RBI guidelines. After successfully completing KYC, the recharge limit on your Ola Money e-wallet can be increased to Rs.2 lakh per month. Bank transfers and wallet-to-wallet transfers can also be availed. You can complete your KYC for OlaMoney through these steps: 

Step 1: Launch the ‘OlaMoney’ app on your smartphone. 

Step 2: Choose ‘Add Money’ or ‘Send Money’ from the ‘Ola Money’ section. 

Step 3: Submit your PAN, driving licence, passport, or voter ID details.  

Step 4: Click and upload a selfie.  

Step 5: After completing these steps, your phone will display the message ‘Documents Uploaded Successfully.’ 

Once you have completed the aforementioned KYC process, you need to carry out the physical verification of documents. The steps involved in physical verification are mentioned below: 

Step 1: Open the ‘Ola’ app and book a ride.  

Step 2: Keep your documents ready for verification.  

Step 3: The Ola driver will compare them to the documents that have been uploaded. 

Step 4: Tap on ‘Generate PIN’ and upload the front face of the original documents. Ensure that you attach your name to the documents.  

Step 5: A KYC PIN will be issued after this step.  

Step 6: To complete KYC, share this PIN with your Ola driver.