"The Tech Portal" : Hike becomes the first messaging app to roll out in-app UPI payments service in India
as mentioned in The new mobile wallet enables the users of the messaging app to instantly send and receive money using the government-backed UPI interface. And ever since we've been hearing chatter about the company acquiring a license for UPI integration, but it is still lagging behind on the roll out. This integration with NPCI's (National Payments Corporation of India) payments platform makes the company one of the largest UPI-based platforms for the nation overnight. It has since visited the company's Chinese offices multiple times to understand the working and ideology of their massively popular messaging app, that is WeChat. It has partnered with Yes Bank, who is also the UPI partner of Flipkart's PhonePe, to enable the UPI integration and debut its very own wallet.
as declared in
Hike Wallet, launched in partnership with Yes Bank, helps India's only home-grown messaging platform beat Facebook-owned WhatsApp to become the first messenger app in India to launch the digital payments feature. Brian Acton, Co-founder, WhatsApp, was in talks with the Indian government for launching digital payments for the app's largest market, India. In an endeavour to stay true to its promise of simplifying how people connect and interact with content and services on mobile, Hike Messenger announced the launch of Hike 5.0 on Tuesday in New Delhi, with the biggest update being Hike Wallet, the mobile payment feature. The UPI, which stands for Unified Payments Interface, was launched by the National Payments Corporation of India (NPCI) in August last year to accelerate the adoption of digital payments in the country. Another important aspect of the digital payments feature is the Blue Packet, an envelope where users can insert money and send it to their friends.
Users can also use the Hike wallet to recharge prepaid phones and pay postpaid bills from within the app. "It's one step further in our vision to make Hike a messaging platform that will change the way people interact with content and services," Kavin Bharti Mittal, founder and CEO of Hike Messenger, told CNBC about the new features. Earlier this year, WhatsApp announced it hit 200 million monthly active users in India. Mittal is the son of Sunil Mittal, founder and chairman of Bharti Enterprise, which owns one of India's largest telecommunication networks, Bharti Airtel. Additionally, Hike is introducing Blue Packets, which are personalized digital envelopes that can be used to send monetary gifts for various occasions — the money will be transferred to the recipient's Hike wallet.
to read more visit us whats app br/>
collected by :Andro Alex
as declared in
Hike becomes first messenger app in India to launch mobile payments
Hike Wallet, launched in partnership with Yes Bank, helps India's only home-grown messaging platform beat Facebook-owned WhatsApp to become the first messenger app in India to launch the digital payments feature. Brian Acton, Co-founder, WhatsApp, was in talks with the Indian government for launching digital payments for the app's largest market, India. In an endeavour to stay true to its promise of simplifying how people connect and interact with content and services on mobile, Hike Messenger announced the launch of Hike 5.0 on Tuesday in New Delhi, with the biggest update being Hike Wallet, the mobile payment feature. The UPI, which stands for Unified Payments Interface, was launched by the National Payments Corporation of India (NPCI) in August last year to accelerate the adoption of digital payments in the country. Another important aspect of the digital payments feature is the Blue Packet, an envelope where users can insert money and send it to their friends.
Tencent-backed Indian messaging app Hike rolls out payments services
Users can also use the Hike wallet to recharge prepaid phones and pay postpaid bills from within the app. "It's one step further in our vision to make Hike a messaging platform that will change the way people interact with content and services," Kavin Bharti Mittal, founder and CEO of Hike Messenger, told CNBC about the new features. Earlier this year, WhatsApp announced it hit 200 million monthly active users in India. Mittal is the son of Sunil Mittal, founder and chairman of Bharti Enterprise, which owns one of India's largest telecommunication networks, Bharti Airtel. Additionally, Hike is introducing Blue Packets, which are personalized digital envelopes that can be used to send monetary gifts for various occasions — the money will be transferred to the recipient's Hike wallet.
to read more visit us whats app br/>
collected by :Andro Alex
Comments
Post a Comment