Page 6 - Aapp Pay News Today

(Photo : Pexels/Anton) WhatsApp Pay Brazil After one year, WhatsApp payments are available in Brazil again. The Facebook-owned chat platform has relaunched the feature in the country. Brazil served as the launching pad for WhatsApps mobile payments, then it rolled out in India a few months later, but its central bank forced the service to suspend its payment feature just a few months after its launch. WhatsApp Payments Back in Brazil The banking authority only gave WhatsApp the approval to faci...

This Week in Apps: Clubhouse clones, WWDC21, apps have their best-ever quarter Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the ...

WhatsApp Payment and the Indian Market - What can we Expect? - Even though this feature is available only to 20 million users in India at the moment, it is still a terrific step forward.

Weekly Bytes | Instagram’s plan for recycled Reels, PhonePe and Google Pay top UPI apps’ list, and more Updated: Updated: Heres our curated list of important tech news from this week in byte size. Share Article Heres our curated list of important tech news from this week in byte size. (Subscribe to our Todays Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Instagram’s algorithm to downplay recycled content on Reels Instagram’s recommendati...

WhatsApp has removed the Request Payment feature for its UPI-based payment service in India. Users can no longer request peer-to-peer payments as was possible when WhatsApp was beta testing the app. Requesting payments was possible on WhatsApp until recently in-chat by selecting the Pay option. Now, neither the Payments tab nor chats show the option. […]

Well soon meet in your inbox. Please wait... Market observers say the challenge of India’s sophisticated payments architecture, a raging political debate around ownership of digital data, coupled with the social messenger’s global experiences such as in Brazil could be the reasons. Within a few days of WhatsApp’s payment service going live, the central bank of Brazil had taken it down owing to an uncertain regulatory climate. A WhatsApp spokesperson confirmed the development. “That’s ...

February 9, 2021 WhatsApps’ payment service in India has got off to a sluggish start in the last few months, but is slowing gaining traction over payments apps. While several third-party apps on the Unified Payments Interface (UPI) have a higher market share than WhatsApp, in just a few months it has beat several banking and third-party UPI apps that have been around for longer. According to data from the National Payments Corporation of India, WhatsApp Pay processed 5.6 million UPI  transac...

Post layoffs, Indian platforms look to hire key employees from ByteDance (Photo: AFP) Share Via Read Full Story Indian short-video platforms are looking to hire key employees from Chinese company ByteDance, now that the TikTok owner has announced significant downsizing in India. While the two richest Indian short video platforms, ShareChat and DailyHunt, haven’t publicly commented on the issue, smaller ones like Chingari, Bolo Indya, Mitron and Trell have all said they will be looking to hire...

percent in volume (approx. 5.93 to  34.35 billion transactions) and value (approx. Rs.920.38 to Rs.1,623.05 trillion) respectively over the last five years (March ‘15-’20). The RBI’s persistent steps furthering digital payments have supported last year’s challenges and forced wide-spread digitization. The key initiatives last year, and their impact in the new year, are looked at here. 1. The changing face of UPI- Zero MDR, new revenue streams and the 30% cap Last year started with ze...

Highlights WhatsApp has a 40 crore user base in India. WhatsApp will be starting the digital payment service with a maximum registered user base of 2 crores. New Delhi: WhatsApp is one of the most used and largest messaging platforms. It keeps launching various features for the customers. Recently it launched much-awaited payment service in India.  WhatsApp has partnered with National Payment Corp. of India (NPCI) to start its Unified Payments Interface (UPI) based digital payment service, Wha...