Uber announced a new partnership with Marqeta, Mastercard and Branch to power the Uber Pro Card, an enhanced loyalty and payments experience that will help drivers and couriers save on gas, fees, and other expenses. Built for drivers and couriers, the Uber Pro Card offers customized perks, including up to 10% cash back on gas and up to 12% on EV charging.

“Thanks to the benefits of modern card issuing, workers can access their earnings immediately, and with the growing use of new digital wallets and payments capabilities can more easily manage their cash flow and better plan for their future,”

“Uber is changing standards in payments and we’re thrilled to partner with Uber, Mastercard and Branch to help them bring this vision to life.”

                                                                      Jason Gardner, Founder and CEO of Marqeta.

“At Uber, we are always looking for new ways to offer drivers and couriers more support on the road,”

“The new Uber Pro Card will allow drivers and couriers to take home more of what they earn. Drivers and couriers will now have the ability to get more cash back on gas and EV charging and have their earnings automatically deposited to their accounts after each trip – free of charge.”

      Andrew Macdonald, Senior Vice President, Mobility & Business Operations at Uber.

The Uber Pro Card enhances the Uber Pro driver loyalty program by providing Uber drivers and couriers with additional benefits and prizes, including up to 10% cash back on gas purchases after they reach the Diamond status as an Uber Pro driver.

The card also includes a Branch-powered business checking account that is intended to let drivers and couriers keep more of their earnings. After every journey, drivers and couriers who sign up for the card can have their profits automatically and for free transferred into their Uber Pro Card accounts. When they’re most in need, drivers and couriers can access up to $150 thanks to the Backup Balance feature.

“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,”

“We’re incredibly excited to partner with Uber, Marqeta and Mastercard to create a modern banking solution that not only empowers drivers and couriers with greater flexibility, speed and support but also meets their unique business needs—from free, fast access to their earnings after every trip to extensive cash back rewards.”

                                                                              Branch’s Founder & CEO, Atif Siddiqi.

Drivers and couriers will be able to make purchases right away with the Uber Pro Card because it supports seamless contactless payments and is accessible through mobile wallets. Through the Uber Pro Card app, they can manage their savings, collect rewards, and transfer money to other bank accounts.

The Uber Pro Card, a Debit Mastercard BusinessCard®, provides greater purchasing freedom as well as features and capabilities that can be used by drivers and couriers to better manage their cash flow, record-keeping, and device security. In addition to enhanced security features like Mastercard ID Theft ProtectionTM and 24/7/365 Global Emergency Services, this includes access to Mastercard Easy Savings®, a rebate program that rewards small company owners when they spend, and Mastercard Receipt Management.

“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,”

“Bringing this new offering together in partnership with Uber, Marqeta and Branch, we’ll be able to arm this segment with a dynamic and tailored product that not only meets their needs but exceeds their expectations.”

            Sherri Haymond, executive vice president of Digital Partnerships at Mastercard.

Stride, the top portable benefits platform created for independent workers, will also be available with the Uber Pro Card, giving drivers and couriers access to straightforward, reasonably priced coverage plans for their health, dental, and vision needs. In order to give gig and independent workers more flexibility and pertinent benefit alternatives, Mastercard and Stride teamed up in 2020.