How Ola Money is taking you for a ride, actually!
To avoid heavy rush hour traffic and travel comfortably, people have started using cab services in many cities. However, be wary of schemes like Ola Money which are actually taking customers for a ride. Cab services like Ola first attempt to woo clients by offering free rides, then offer more services, which customers find more beneficial, and when both the plans work, loot you.
Ola, a cab aggregator that is becoming popular in many cities across the country, is allegedly looting it customers through Ola Money option. As per the scheme, users deposit some money in the Ola Money option, and the fares get deducted automatically from it, which means commuters don’t need to carry hard cash to pay for rides.
Amounts ranging from Rs 25 to Rs 200 are deducted from the Ola Money account even if you cancel the cab after it fails to pick you on time. The cab service provides an estimated time of arrival. Most of the time, the cab drivers don’t reach the customer’s location on time. This means users have to pay for their delay.
This is the chart of Ola Money option:
In its initial stage, as an introductory offer, the cab service provides to a first time user a free ride with an e-cash of around Rs 200, which is an enough amount for around 10 km, that too in air conditioned cars in hot summer days. Who won’t like that?
In addition to this, the app users are encourage to send invites to friends and awarded some e-cash in the initial stage, resulting in roping in of as many customers as possible. After they make sure that the app is installed to enough number of Ola users, the frequency of free ride decreases.
Moreover, a “peak pricing” option in Ola services, charges you even more than amount than the cancellation charges as it is applied on standard fare when cabs are in high demand.