PayMaster, Sri Lanka’s leading digital payments app, has launched HOPPR, an innovative ride-hailing feature aimed at providing financial independence to both drivers and customers. More than just a ride-hailing platform, HOPPR integrates with PayMaster to enable cashless transactions and opens new long-term revenue opportunities for all stakeholders.
HOPPR’s unique referral system ensures that drivers can earn lifetime commissions for each referred user, fostering a sustainable income strategy. In addition, HOPPR is integrated with CREDDY, an AI-powered credit system, allowing drivers to access revolving credit of up to Rs. 50,000 at 0% interest for everyday expenses, fuel, and vehicle repairs.
Ransika De Silva, Director/CEO of PayMaster, highlighted that HOPPR has been designed with a driver-centric approach, aiming to transform the financial landscape for gig workers and informal earners. This initiative is a part of PayMaster’s broader goal to empower users in Sri Lanka by offering ride-hailing, digital payments, and credit access.
Key Features of HOPPR:
- Financial Empowerment: Riders and drivers can use digital payments and access credit via CREDDY, offering financial stability.
- Sustainable Earnings: Drivers benefit from a referral system, earning lifelong commissions for new users referred.
- Security and Trust: PayMaster complies with the highest international security standards, ensuring safe transactions.
PayMaster, a subsidiary of Singapore-based FirstPay (Pte) Ltd, continues to revolutionize Sri Lanka’s digital payment ecosystem by offering a seamless and secure one-stop app for financial services, expanding from local money transfers to ride-hailing services.
About PayMaster:
PayMaster simplifies transactions in Sri Lanka, providing local and international money transfers, bill payments, mobile top-ups, and now, ride-hailing services through HOPPR. With robust security measures in place, PayMaster adheres to the standards set by the Central Bank of Sri Lanka (CBSL).
Key Insights:
- Financial Inclusion: Empowering drivers and passengers with access to digital payments and credit systems.
- Gig Economy Impact: Changing the financial landscape for gig workers and informal earners in Sri Lanka.
- Security Standards: Commitment to maintaining high security through global audits and local regulations.
