OPay has launched OCar after halting its on-demand bus e-hailing subsidiary and raising a $120m Series B fund. OCar will be available in Lagos, Owerri, Port Harcourt, Abuja, Benin, Kaduna, Abeokuta and Ibadan, Nigeria.
The Day we've all been waiting for is finally here! 💃🏽
OCar has arrived! 🚘
Go anywhere with OCar in Lagos, Owerri, PH, Abuja, Benin, Kaduna, Abeokuta & Ibadan for just 200 Naira.
Now, you can enjoy safe, affordable & comfortable rides at the tap of a button. #GetOCar #RideOCar pic.twitter.com/8yue6jNTiD
— ORide (@getoride) November 19, 2019
For its Beta phase, OCar will be offering its services to new customers at N200 promo per ride. This poses major competition to Uber and Bolt on-demand ride-hailing service providers. OCar has started operating in Lagos State and will launch in other Nigerian cities in the coming weeks.
OCar joins OPay’s food delivery service – OFood, motorcycle hailing – ORide, tricycle – OTrike and marketing service – OLeads.
The new ride-hailing service can be accessed via the OPay mobile app. It will operate a third-party business model where partners can sign up their vehicles for on-demand ride-hailing services.
The car owner will have to register the car for verification and accreditation to be qualified as a partner driver. OPay will take 15% commission per ride and subsequently, 3% after a driver completes 20 trips within a week.
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