Gurgaon-based Zomato, one of the fastest growing start-ups in India, which stepped into online food ordering segment a couple of months ago, has introduced online payment systems in India. The customers now will be able to pay through their credit cards, debit cards or net banking accounts while ordering from the Zomato app.
Cashless payment services are seen as a strong revenue contributor for Zomato, as the company will get a commission from restaurants for each transaction. The company has partnered with PayPal to provide the service to its Indian customers.
However, all the restaurants on Zomato’s platform are not accepting online payment; rather a group of selected restaurants has this facility enabled.
Also the updated app will have Zomato Credits which would store all your referral credits and refunds made by the company.
Zomato is already present in 22 countries through acquisitions and India is the second country to have cashless payment system after Dubai.