Uber Partners with Marqeta, Mastercard, and Branch to Launch New Uber Pro Card, Offering Faster Payments and Fuel Rewards for Drivers
Uber drivers, couriers to get up to 10% cashback on gas; 12% on EV charging
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“At Uber, we are always looking for new ways to offer drivers and couriers more support on the road,” said
Expanding the Uber Pro driver loyalty program, the Uber Pro Card offers Uber drivers and couriers up to 10% cashback on gas purchases when they achieve Diamond status as an Uber Pro driver, along with other exclusive perks and rewards.
The card also comes with a business checking account powered by Branch and designed to enable drivers and couriers to keep more of what they earn. Drivers and couriers that sign up for the card can have their earnings automatically deposited into their Uber Pro Card account after every trip—free of charge. The Backup Balance feature allows drivers and couriers to access up to
The Uber Pro Card will be available via mobile wallets and enable seamless contactless payments, so drivers and couriers can begin spending immediately. They can track earnings, transfer money to other bank accounts, earn rewards, and manage savings all through the Uber Pro Card app.
The Uber Pro Card is a Debit Mastercard BusinessCard®, offering increased purchasing flexibility, as well as built-in tools and benefits to help drivers and couriers better manage cash flow, record keeping and safeguard their devices. This includes access to Mastercard Easy Savings®, a rebate program to reward small business owners when they spend, and Mastercard Receipt Management, in addition to advanced security features including Mastercard ID Theft Protection™ and 24/7/365
The Uber Pro Card will also offer Stride, the leading portable benefits platform designed for independent workers, enabling drivers and couriers to access simple, affordable coverage plans – from health to dental to vision.
Uber also recently announced other features, including Upfront Fares, which allows drivers to see how much they’ll earn and where they’re going before accepting a trip.
“Thanks to the benefits of modern card issuing, workers can access their earnings immediately, and with growing use of new digital wallets and payments capabilities can more easily manage their cash flow and better plan for their future,” said
“Drivers and couriers are critical to our economy, and it’s imperative that they have the financial tools and resources that make their lives easier,” said
“In today’s hyper-competitive labor market, Uber recognized the need to provide a dynamic, real-time payments experience that engages workers and drives greater loyalty,” said Branch Founder & CEO
Marqeta’s modern card issuing platform empowers its customers to create customized and innovative payment cards. Marqeta’s platform, powered by open APIs, gives its customers the ability to build more configurable and flexible payment experiences, accelerating product development and democratizing access to card issuing technology. Its modern architecture provides instant access to highly scalable, cloud-based payment infrastructure that enables customers to launch and manage their own card programs, issue cards and authorize and settle transactions.
Branch is the leading workforce payments platform that partners with businesses to accelerate payments and empower working Americans. Businesses turn to Branch for a more cost-effective, faster way to pay workers and create a more streamlined, uniform payments experience. Employees and independent contractors that sign up with Branch can receive a zero-fee bank account, free instant access to earned wages, rewards, and personal finance tools to help them manage their cash flow between paychecks. Branch partners with some of the nation’s leading payroll and workforce technologies to support companies in retail, restaurant, trucking/logistics, last-mile delivery, manufacturing, and healthcare. Branch has been honored with a Webby Award — Best Financial Services, Fintech Breakthrough Award,
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, quotations and statements relating to changing consumer preferences; increasing consumer adoption of certain digital payment methods, products, and solutions; which payment, banking, and financial services products and solutions may succeed; technological and market trends; Marqeta’s business; Marqeta’s products and services; and statements made by Marqeta’s Founder and CEO. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including, but not limited to, the following: any factors creating issues with changes in domestic business, market, financial, political and legal conditions; the effect of and uncertainties related to the global COVID-19 pandemic on