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Digital Payments in India to touch $1 Trillion by 2023

16Feb By Sabhyata AgarwalNo Comments

News

Digital Payments in India to touch $1 Trillion by 2023

After Paytm, Google Tez, Hike and PhonePe like platforms that provide online peer to peer transactions and more, have rolled out, millions of users have moved to electronic payment interface thus expanding the Digital Payment Space. But what is expected to make Digital Payments in India to progress to $1 trillion from $51,756 million (2018) by 2023, is the entry of global players in the country's automated space, as mentioned by investment banking firm Credit Suisse in a report. "Digital payments (in India) currently aggregate less than USD 200 billion, of which mobile is still at just USD 10 billion in financial year (FY) 2018 E (estimated) . We estimate that the total digital payment market in India will grow to USD 1 trillion by FY23E led by the growth in mobile payments," the repor...

Whatsapp Secretly Releases Beta Version of Payment in India

10Feb By NitishNo Comments

Tech

Whatsapp Secretly Releases Beta Version of Payment in India

Last month, it was reported that Facebook owned WhatsApp could launch its digital payment service in India which will allow peer-to-peer money transfer through the messaging app. After the feature's launch on November 07 in UK, the mobile application software is ready to launch the feature in India by this month. This comes as an enthralling news for the citizens of India as WhatsApp is the most used application by atleast 200 million daily users. The payment service will be launched in a beta version of its messaging app for now. Due to a lot of reasons such as, 2G data service, easy platform of WhatsApp, thousands of people depend upon the app solely, unlike Facebook, Instagram and other mobile app platforms that need a much higher data speed to perform. The latest feature of whatsap...

WhatsApp To Launch Group Video Calls, Tests Feature

7Feb By PriyankaNo Comments

Tech

WhatsApp To Launch Group Video Calls, Tests Feature

Facebook owned messaging service WhatsApp has been spotted testing its Group Video call feature, as it gears up to add many feature in its application. As per some reports, WhatsApp Group Video call may allow a user to add as many as 3 members in the group chat. Currently, WhatsApp allows video calls with only one person at a time. Generally, its users have been using Facebook's Messenger, Hangouts or Skype to video call with their friends group. This is one of the most awaited updates in WhatsApp's history after it introduced WhatsApp Call. Facebook has already added support for group video calls, not so long ago, hence making the move more obvious. However, you can add as many people in a Facebook Group Video Call, but same may not imply on WhatsApp. This development was first repo...

19Jan By NitishNo Comments

News

WhatsApp Launches Business App for SMEs

Popular messaging platform WhatsApp today unveiled a new WhatsApp Business app, aimed at small and medium enterprises. The free-to-download Android app will make it easier for companies to connect with customers, as well as its 1.3 billion users to chat with businesses, WhatsApp said in a statement. WhatsApp Business is available today and free to download on Google Play in Indonesia, Italy, Mexico, the UK and the US, it added. The app will be rolled out around the world in the coming weeks, it said. Over 80 per cent of small businesses in India and Brazil said WhatsApp helped them both communicate with customers and grow their business, the Facebook owned company said citing reports. India is home to over 200 million WhatsApp users. It has more than one billion users global...

WhatsApp Accidentally Rolled Out Its Latest Feature ‘Private Reply’

30Dec By RishabhNo Comments

Tech

WhatsApp Accidentally Rolled Out Its Latest Feature ‘Private Reply’

WhatsApp is generally not known for mistakes, but recently it committed a blunder by accidentally rolling out its latest feature 'private reply' on Windows Phone beta users. This latest feature update will let users send private message to a person in a group chat, without letting other group members see it. WhatsApp is rumored to roll out the update for quite some time now, and is its one of the most awaited update. According to @WABetainfo, a WhatsApp watcher, the company added the feature only in the beta version and will taking it back in the next beta update. 'In the new WhatsApp beta for Windows Phone 2.17.344, the private reply feature is disabled. Probably WhatsApp has wrongly enabled it in 2.17.342,” WABetaInfo tweeted. WABetaInfo said that the option will only be availab...

Your WhatsApp May Stop Working From 2018!

26Dec By RishabhNo Comments

Tech

Your WhatsApp May Stop Working From 2018!

Facebook-owned instant messaging app WhatsApp has recently announced that it will end support for certain handsets from December 31, 2017. Eventually, time for some smartphone owners to let go of it or purchase a new one! WhatsApp in a recent release stated that starting January 1, 2018 the messaging app will stop working on Blackberry OS, Blackberry 10 and Windows Phone 8.0 and older. “We will no longer actively develop for these platforms, some features may stop functioning at any time. These platforms don't offer the kind of capabilities we need to expand our app's features in the future.,” the company said. WhatsApp had earlier announced it will stop support on many of these older devices. However, end of support may not strictly mean that the users will lose access to their W...

WhatsApp Earnings Leak: Sebi, Bourses Checking Listed Company Trade Details

21Nov By Press Trust of IndiaNo Comments

News

WhatsApp Earnings Leak: Sebi, Bourses Checking Listed Company Trade Details

[dropcap]S[/dropcap]ebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the persons involved. The companies include several listed blue-chip firms, officials said on the condition of anonymity. The exchanges are analyzing the trade data of the last 12 months of such companies in order to detect any possible breach of norms while Sebi is taking the help of data warehouse and its intelligence systems, they added. Under Sebi rules, all the financial details of listed companies should be disseminated only through stock exchanges as they are considered price-sensitive. Besides, Sebi is consider...

India’s Messenger App Hike Has Revenue Issues

17Nov By AdityaNo Comments

ANALYSIS

India’s Messenger App Hike Has Revenue Issues

[dropcap]A[/dropcap]fter Flipkart, Ola and Paytm, another potential Indian Unicorn Hike, the Indian chat messenger is seeing some hard days! It is not generating any revenue! Its latest filings with RoC shows that the five year old company is right back where it started; as per its March 2017 reports. Once valued at $1.4 billion, the company fails to come up with a significant revenue stream in financial year 2016-coupons that users bought to play in-app games accounted for almost all the operating revenue. In the filings, the company showed a total income of Rs 11.4 crore in comparison to the 34,9 crore in FY2016, which had come on the back of profit from sale of investments. The total expenditure in FY17 was Rs 227.3 crore in comparison to last year's Rs 252.2 crore. The net los...

Google, Twitter-Block Porn or Get Blocked

17Nov By RishabhNo Comments

News

Google, Twitter-Block Porn or Get Blocked

[dropcap]I[/dropcap]ndonesia has warned Google and Twitter, world's largest social-media providers to block pornographic content in its country of face the blockage. Twitter Inc., Alphabet Inc.’s Google and a host of companies have been put on notice by Indonesian Communications Minister Rudiantara, who threatened “all platforms” that if they don’t adhere to government requests to block content, they will be blocked permanently! “The worst case is I will not allow them to be in Indonesia," Rudiantara, who uses one name, said in an interview on Thursday. "We are focusing on content. If you violate content then you are violating rules and laws in Indonesia.” Indonesia's 260 million population, with world's largest Muslim population has grown concerns about the spread of pornography,...

Indonesia Threatens To Block Whatsapp Messaging Over Obscene Content

6Nov By reutersNo Comments

News

Indonesia Threatens To Block Whatsapp Messaging Over Obscene Content

Indonesia on Monday vowed to block Facebook Inc’s WhatsApp Messenger within 48 hours if the service did not ensure that obscene Graphics Interchange Format (GIF) images were removed. WhatsApp, which is widely used in Indonesia, the world’s most populous Muslim-majority country, said message encryption prevented it from monitoring the third-party providers Indonesians use to search for GIFs. It asked the government to work with the providers instead. Semuel Pangerapan, a director general at Indonesia’s communications and informatics ministry, said WhatsApp would be blocked within 48 hours unless the images supplied by third parties were taken off the service. Pangerapan said of the proposed block. The ministry had sent three letters to WhatsApp over the issue, he said. “They...

Afghanistan Moves To Block Whatsapp, Telegram Messaging Services

6Nov By reutersNo Comments

News

Afghanistan Moves To Block Whatsapp, Telegram Messaging Services

Afghanistan’s telecoms regulator wrote to internet service providers this week ordering them to block the messaging services WhatsApp and Telegram but it was not immediately clear whether they had complied. Use of social media and mobile instant messaging services has exploded in Afghanistan over recent years. Social media users and civil rights groups reacted with outrage to initial reports of the move and the letter sent by telecoms regulator ATRA was widely shared on social media. Some media reports, citing unidentified sources, said the move had been ordered by the National Directorate for Security to thwart the use of the encrypted messaging services by the Taliban and other insurgent groups. It was not immediately possible to confirm the reports. The acting minister for t...

Whatsapp Down: Users Report Outrages Worldwide

3Nov By RishabhNo Comments

News

Whatsapp Down: Users Report Outrages Worldwide

Whatsapp is down for a millions of users reported worldwide, with reports of increase in the number of people coming in from India, US, UK, Sri Lanka, Italy, Spain and Saudi Arabia. According to the resources, the problem came first in notice around 3:10 EDT in the morning and then grew over to hundreds of people reporting the issue. Predictably, people have taken to Twitter in panic to express their dismay over what will undoubtedly be a temporary outage. Switching between WiFi and 4G trying to get WhatsApp messages to send #whatsappdown pic.twitter.com/rGCaS0NdML — Kam (@Kamil_LFC94) November 3, 2017 Similar event occurred in early May, when it took hours rectify the problem and put it online back again. Also Read These Russian Ads Deceived Users on Facebook and Ins...