Why should I get KYC done?

Ola Money is a semi closed wallet powered by Zipcash. As per the RBI guidelines,for any semi closed wallet, it is required for the customers to submit KYC documents if the transactions are above Rs.10,000 in a month.
Once submit your KYC documents, you can transact upto 1 lakh every month without any hassles.
 

There is a temporary suspension of Full KYC but you can still enjoy using your Ola Money Wallet for your cab rides, mobile recharges and other utility bill payments upto ₹ 10k per month by completing your basic KYC.

Further, kindly note that, you can make your ride payments through credit card / debit card or UPI payment mode for usage greater than ₹ 10k per month.

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