Uber partners Bankaool to launch Latin American debit card

Source: Bankaool

Uber, the ride-sharing app that allows users to request safe, reliable and affordable rides with just a tap, in partnership with Bankaool, the first Mexican online bank, and Mastercard, the industry leader in electronic payments, announced the launch of Uber Bankaool Debit Card, an innovative solution that offers an alternative way to pay for rides, using a mobile banking app.

Uber Bankaool card, available since October 21st, is the first debit card that the technology company launched in Latin America, offering users who do not have a credit card or whose debit card is not open for ecommerce a new payment method.

According to Francisco Meré, CEO, Bankaool, “This reflects how Fintechs with an open IT architecture can work together with IT companies, bringing innovative and disruptive solutions to an increasing number of markets.”

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