Hike Wallet allows both bank-to-bank payment via Unified Payment Interface (UPI) and Wallet to Wallet payment.
Hike has also announced Blue Packets and Recharge features for its wallet.
WhatsApp has previously mentioned that the company plans to add mobile payments in India to accommodate the company's 200 million users. "We've laid down the foundation of payments and we're definitely having those discussions", Kavin Mittal, founder and CEO of Hike Messenger told ET.
Hike's wallet is the first such service by a messaging platform in the country and comes before a possible launch of a payments facility by Facebook-owned WhatsApp later this year. With App themes, Night theme and Magic Selfie Hike 5.0 is packed with some incredibly personal touches that are meant to delight our users.
During the launch, Kavin Bharti Mittal, Founder and CEO of Hike Messenger, revealed the brand's constant efforts to take the consumer experience to a whole new level.
"With Hike 5.0, we have reduced the app size to just 25MB despite adding all these features and have also added 128-bit SSL encryption to ensure that communication across the air and wire networks, is completely encrypted", he said.
Last but not the least, version 5 of Hike is reintroducing the app's social network-like features, which took a hike previous year, when Snapchat-esque Stories (48 hours and not 24 hours) was launched. Hike is therefore trying to localise some of the features here.
The company has also introduced "blue packet" which is a feature that will deliver cash to users on special occasions, such as major holidays, anniversaries or even a person's birthday.
Hike, which has raised Dollars 250 million, was valued at almost USD 1.4 billion post the funding round. It works on a first come first serve basis and when sent, expires within 24 hours. We believe we can make that experience fun and also a new form of messaging.
The wallet will be available for use across all Android and iOS users by June 25 and July end, respectively, as part of an update to the existing app called Hike 5.0.
Digital transactions in India have surged after Prime Minister Narendra Modi's shock ban of certain high-value bank notes in November that accounted for almost 85% of the country's currency in circulation at the time. "We hope with Blue Packets we can give our users a new avenue to express themselves".
The acquisition stands as a huge boost for Amazon's strategy to integrate the brick-and-mortar model into its business. The Whole Foods in Seattle South Lake Union neighborhood, just steps away from Amazon's downtown Seattle headquarters.
It has maximum sustained winds of 40 miles an hour, meaning it is just barely above the threshold to be a tropical storm . The most likely scenario is for a weak and highly disorganized tropical storm to slowly develop by early next week.
Racing resumes Saturday and Sunday. "We're under no illusions that we've got a lot of hard work going forward", said Burling". Both races there was some chances but these guys [Emirates Team New Zealand] at the end of the day made fewer mistakes.
In comparison, our solar system looks like it has three planets in the habitable zone of the sun: Mars, Venus and Earth. Kepler's main mission ended in 2013 after the failure of two of its four wheels that control its orientation in space.
He said Spider-Man is only listening when the spider on his chest lights up, and the user's voice is never stored or shared. Stay tuned to our Marvel's Spider-Man preview straight from the E3 show floor, which should be swinging to the site soon.
There is another tropical wave out in the Atlantic that also has a high chance of developing within the next three to five days. The strength of the system & positioning of two strong upper level high pressure areas will likely ultimately decide the path.
After his round was over, he cut a lonely figure on the end of the driving range, trying to work out the kinks and stay positive. One example of that was Fowler hitting 3-wood into the green on the 632-yard 18th hole, with a breeze at his back.
The American Hospital Association defines "critical" condition as: "Vital signs are unstable and not within normal limits". The FBI phoned the congressmen to let them know that their names were on an assassination list found on the shooter.
On Thursday, the Pentagon said it will send almost 4,000 additional troops to Afghanistan in order to stop Taliban advances. The attack ended midday after almost six hours of clashes, said Najib Danesh, the interior ministry's chief spokesman.
Less than 48 hours later, the panel informed the judge that they were still deadlocked on all three counts. Then, prosecutors would get four months to decide whether they want to retry Cosby or drop the charges.
Rep. Scalise remains in critical condition after surgery
The House of Representatives resumed normal business Thursday after sharply curtailing its schedule following the shootings. Scalise was one of five people shot early Wednesday morning when a gunman opened fire at a GOP baseball practice.
Russia says Trump is using 'Cold War rhetoric' on Cuba
But facing lower than expected travel demand, a number of carriers have already begun to scale back their Cuba operations. Last year, Obama traveled to Cuba , becoming the first USA president in almost a century to visit the island.
All talk, few trades before NHL's expansion roster freeze
Defenseman Klas Dahlbeck, who was signed to a one-year, $850,000 contract after the season, could be the D-man exposed. Fleury seems like a no-brainer for the Vegas Golden Knights to select as their expansion choice from Pittsburgh.
Valdosta's Hall selected by Orioles in MLB Draft
On the other side of the coin, if they sign one of those players to a below-slot bonus, they can use the savings on other players. Baumann, a 6-foot-4 junior, made 14 starts this year and had a 3.09 ERA with 97 strikeouts against 35 walks in 87 1/3 innings.
Columnist Kirsten Powers: 'How was Sen. Harris hysterical?'
Over on CBS' Late Show , Stephen Colbert brought up Miller's treatment of Harris in his monologue about Sessions' testimony. MCCAIN: The witness should be allowed to answer the question. " She was purely out there to shout down [ Sessions ]".
'One of those days' as McIlroy finds trouble in Erin Hills rough
Sponsored Content - Download our Executive Briefing to learn how agency and industry experts are hoping to reduce insider threats. Casey has recorded three consecutive top-six finishes in the Masters, but has just one top-10 in the US Open in 13 attempts.
John Avildsen, 81, director who won Oscar for 'Rocky'
He started with a long apprenticeship as assistant director, then moved up to production manager, cinematographer and editor. Stallone took to Instagram to pay tribute to Mr Avildsen , who helped usher the actor to stardom: "R.
Boxing champion Wilder arrested for marijuana possession
The only time Wilder was forced to win a fight by decision was back on January 17, 2015, when he fought Bermane Stiverne. Wilder has several friends and associates who had access to the Escalade when he was out of town, Patterson said.