Uber, Mastercard Tie-Ups Deepen The Deal – They Further Expand Their Global Reach

The ongoing partnerships of Uber with Mastercard are further deepening as these companies continue their payment integrations across their markets, while the ridesharing app is keeping themselves surprised of things about to happen.

Since these firms announced their expanded collaboration that includes enhanced online payment tools, such as Mastercard Move, as well as One Credential integration.

Then, there’s the Uber Pro Card enabling real-time disbursements and fuel cashbacks for rideshare drivers, now expanding beyond North America to the United Kingdom, then other regions around the globe.

The global payment infrastructure of one of the renowned credit card providers is bound to support the ecosystem of Uber, a platform that has generated billions of United States dollars over the previous year, completing over 10 billion trips within that year, too.

Real-time driver payments, rebate perks, and wider digital payment acceptance may strengthen the appeal of the ridesharing app in highly competitive gig markets.

Following the stories of ridesharing media, Uber will also seek improving financial inclusion and retention for its drivers while enhancing their provisions as well for riders and merchants.

In other Uber news, the world’s number one ridesharing app has lost its argument with the British Supreme Court with regard to its appeal over taxation on competitor applications.

The Economic Times recently reported that the rival cab operators of Uber won’t face a 20 percent tax charge on their profit margins outside of the British capital, following the Supreme Court’s decision previously, saying those operators hired privately won’t enter into contract with passengers.

Netizens are participating in these talks, too, commenting on Facebook news a few moments after the story was shared there.

“Where are Uber getting their drivers from as some do not seem to have a clue about the rules on the British roads! I really think all their drivers need to have their licences checked,” wrote a certain Ben C. “Only [those with a full legal British driving] licence should be allowed to drive on the roads here, and even more so when they are working as a mini cab driver, driving the public around.”

Others are saying, good, good, good.

“Good. I hope Uber drivers can now be back paid because they’re paid in peanuts,” Latoya Inu said.

Robert Docherty, meanwhile, stated, “It’s the capitalist way. Screw the workers, maximize profits!”

The result? Uber brought this appeal over to the Supreme Court, which on Tuesday dismissed the appeal.

Is this time a good time to invest in Uber? No. For more insights, sign up for that account today on the Ridesharing Forum site to join the discussions.