NEW DELHI :
New Delhi: Kotak Mahindra Bank and ride-hailing platform Ola, owned by ANI Technologies Pvt. Ltd, on Monday announced a first-of-its-kind partnership to provide bank customers a facility to book an Ola ride from Kotak mobile banking app.
Customers can directly book and track Ola cabs and autos across 150 cities in India through the Kotak Mahindra Bank’s mobile app. Through the bank app they can also pay for their Ola rides.
“The API integration--the first such implementation in the Indian banking industry--provides a faster, more secure and one-click check-out experience seamlessly to its customers," said Kotak Mahindra Bank and Ola in a joint media release.
Customers can book an Ola ride under the ‘KayMall’ tab in the bank app, using their Kotak customer credentials.
“Urban mobility is an important part of our full suite of travel offerings and with this partnership with Ola, our customers can now book a ride with a secure and seamless one-click payment experience," said Deepak Sharma, chief digital officer at Kotak Mahindra Bank.
Booking of an Ola ride on Kotak mobile banking app will not attract any additional charges and the bank customers will also be able to avail special offers.
Rahul Maroli, vice president (enterprise business and strategic alliances) at Ola said, “Improving the customer’s experience is a constant focus at Ola and strategic partnerships play a significant role in accelerating such efforts."
“Through our partnership with Kotak, the two brands will capitalise on each other’s technological strengths to offer a wonderful experience to our consumers," added Rahul Maroli.
Currently, the in-app integration is available to Android users and it will be shortly be made available on the iOS as well.
Ola operates in more than 250 cities across India, Australia, New Zealand, and the UK.