Uber will handle payments itself

U

Uber has received a license from De Nederlandsche Bank (DNB) for handling all electronic payments, taxi rides or his meal delivery service.

DNB reports this on its site. Uber had previously confirmed that request, reports the FD. Thanks to the permit, the taxi app no longer needs to rely on payment services such as Adyen.

Uber is adding more and more services, and is starting this month with Uber Freight. Uber Technologies, the company behind the popular app, is about to take over rival Careem Networks FZ.

In May 2017, the Advocate General of the European Court of Justice ruled that Uber is not an electronic mediation service, but should be counted among carriers.


By: Abaigael Schlomski

Abaigael Schlomski is an accomplished economist and financial journalist with over a decade of experience in the industry. He is a regular contributor to EconomicInform, where he provides in-depth analysis and expert commentary on the latest economic trends and events. With a keen understanding of the financial markets and a talent for breaking down complex economic concepts for a general audience, Maurice is a trusted and respected voice in the field.

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