Uber to accept cash payments in Malaysia soon?

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Customers of the ride-sharing service, Uber, may soon be able to pay for rides with cash. Currently only accepting credit cards, the move to welcome cash transactions is expected to grow Uber’s followers, even pinching passengers from rivals Grab.

According to The Star, Uber South Asia communications lead, Karun Aya, explained that his company is aware that Malaysians favour cash payments over cashless ones. “It’s definitely a possibility. It’s one of the 50 other things we’re looking at strongly for Malaysia,” said Karun.

Comparatively, Uber’s fares are far more affordable than those of a regular taxi. Uber X, for example, offers a base price of RM0.95 and RM0.60 per km of travel, and RM0.25 per minute being in the vehicle.

Adversely, a regular taxi charges RM0.25 for just 200 metres of travel and RM0.25 for every 36 seconds you are in the vehicle. Also, there’s the RM3 starting price to factor in.

“You can’t tap into the potential of that market without localising the product for that market,” said Karun, following his reference of how India was also a market that successfully switched to cash payments. When the publication quizzed Karun for when cash payments would take effect in Malaysia, the Uber spokesperson would not say.

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Chris Aaron

With an equal passion for fast cars and everyday workhorses, Chris Aaron maintains a passion for European makes, Formula 1, playing the electric guitar and spending endless hours on the PlayStation - first-person shooters and the Gran Turismo franchise are his favourites. He also finds it strange to have written this in the third person.

 

Comments

  • MyCab on Mar 04, 2016 at 10:58 am

    Keep it up Uber! pls accept Touch n Go too^^

    Like or Dislike: Thumb up 13 Thumb down 1
  • dodgeviper88 on Mar 04, 2016 at 11:10 am

    Not sure how feasible it is. If you see fare for uber it’ll come out to something like 12.74. Soon you’ll fumble around with cents and rounding up and no more seamless convenience.

    Like or Dislike: Thumb up 9 Thumb down 0
    • shaunD on Mar 04, 2016 at 2:44 pm

      well. of course it is feasible. currently, they just round up charges to nearest RM for uber black. so, i’m sure they can input the simple programming (or whatever you call it, i am not an IT expert) into the app for uber x riders who wish to pay by cash.

      but yeah. even if it has been rounded up, to the nearest RM or sen, that seamless convenience (of saying thanks n bye bye n just walk out of the car) will be no more la after this.

      Like or Dislike: Thumb up 1 Thumb down 0
  • how about debit card and touch n go?

    Like or Dislike: Thumb up 5 Thumb down 0
  • I thought the future is going cashless.. I wonder whose brilliant idea this is..If TNG at least it’s making sense la juga.. Even tolls are slowly going fully Tng

    Like or Dislike: Thumb up 3 Thumb down 0
  • kzm (Member) on Mar 04, 2016 at 3:21 pm

    Later full of bangla n indon use uber because cash payment. No need use CC anymore.

    Like or Dislike: Thumb up 4 Thumb down 2
  • Uberfans on Mar 04, 2016 at 4:06 pm

    i prefer credit card and touch and go. As is much more easy no need to wait in the car for the changes.

    Like or Dislike: Thumb up 5 Thumb down 0
  • Every km just RM0.55 not RM0.60. Why karun lie? This farEs make driver cannot survive.

    Like or Dislike: Thumb up 0 Thumb down 0
  • Tokayah on Mar 04, 2016 at 7:14 pm

    Not safe anymore becoz the passenger background can be fake one.

    It’ll will end up the driver being robbed

    Like or Dislike: Thumb up 3 Thumb down 0
    • Bruce on Mar 07, 2016 at 10:15 am

      That’s true. Even the passengers may not be safe. I used to drive for Uber before they cut their rates. They claim to do background checks on their drivers and cars. But all they check is to see if you are a named driver in the insurance policy of the vehicle. No criminal checks on drivers nor any visual inspection of the safety and condition of the car. If they did check my background, they probably would have found that i have 1 record for DUI.

      Like or Dislike: Thumb up 1 Thumb down 0
 

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