Uber introduces Uber Money

Uber is introducing Uber Money, a team within Uber working on financial products and technologies that deliver “additional value for the Uber community, all at Uber speed.”

The company is kicking things off with several new features and improvements coming this year:

Real-Time Earnings: Instead of waiting for weekly payments or cashing out through Instant Pay, drivers and couriers will have real-time access to their earnings after every trip through the Uber Debit account.

Uber Debit Account & Uber Debit Card: For drivers in the US, and expanding to more countries soon after, Uber is updating the no-monthly-fee Uber Debit Account, powered by Green Dot, to integrate seamlessly into the Uber Driver app. In addition, the refreshed Uber Debit Card will launch with cash back on gas starting at 3% and up to 6% for the highest tier of Uber Pro drivers.

Uber Wallet: With Uber Wallet, earners and spenders will now be able to easily track their earning and spending history, manage and move their money, and discover new Uber financial products all in one place. The Uber Wallet will start rolling out in the Uber Driver app in the coming weeks, and will soon start rolling out in the Uber and Uber Eats apps as well.

Uber Credit Card: Uber is relaunching the Uber Credit Card, the company’s flagship consumer product, in partnership with Barclays. Cardmembers will now receive 5% back in Uber Cash from spending across the Uber platform, including Uber Rides, Uber Eats, and JUMP bikes and scooters.