Connect with us

Technology

WhatsApp Will Soon Launch Peer-to-Peer Payments In India Within Next 6 Months

Smruthi Kishore

Published

on

Peer to peer payments, whatsapp to launch peer to peer payments, WhatsApp, India, whatsapp set to roll out digital payment service in india, whatsapp to launch peer to peer payments in india, whatsapp mobile payments, whatsapp to launch payment service in india,

One of the world’s largest instant messaging app WhatsApp will soon launch peer-to-peer payments in India within next six months. The interface is likely to be powered with the Unified Payments Interface (UPI).

peer-to-peer banking is nothing but an online system that allows individual users to complete financial transactions with one another. This is actually done by using an auction style process that lets members offer loans for a specific amount and at a specific rate.

WhatsApp in a statement said: “India is an important country for WhatsApp and we are getting to know how can we contribute more to the vision of Digital India. We are constantly building new innovative techniques by listening closely to feedbacks from our users.”

On a visit to India, Whatsapp co-founder Brian Acton in a meeting said to our country’s IT Minister that they are in their early stages of how it can incorporate P2P payments services.

More interestingly, Whatsapp has decided to opt for the UPI way for its payments system rather than going for the popular digital wallets. Some time ago, Facebook has also launched payments option to its Messenger in the U.S. However, this feature inside WhatsApp could be far more exceeding in India, where Messenger is less popular.

WhatsApp peer-to-peer payments are reportedly testing business search features with few of the selected companies.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

All You Need To Know About Anil Kumble’s AI Enabled Power Bat

Smruthi Kishore

Published

on

Anil Kumble AI Enabled Power Bat,Microsoft AI Enabled Power Bat,Spektacom Technologies,New AI Enabled Power Bat,New Power Bat,Microsoft AI,New Technology Updates 2018,Anil Kumble Startup,Game Changer for Cricket,Sports News 2019,Startup Stories,Best Startups in India 2018,Latest Startup News India

Anil Kumble’s Spektacom Technologies, in partnership with Microsoft, has just developed a brand new Artificial Intelligence (AI) enabled Power Bat. With the ability to collect data required for every shot hit and the details displayed both to the audience and the players, the new bat is aimed at making cricket an increasingly interesting sport! The basic aim of the new Power Bat is to increase engagement between both the audience and the coaches, giving players the chance to improve their game by leaps and bounds!

A unique concept, the Power Bat has a Microsoft Azure Sphere sticker on its shoulder, whereby as soon as the batsman hits the ball, data on a wide range of parameters like speed on impact, twist on impact and quality of the shot are recorded, captured and processed. This processing and capturing is enabled with the help of a new measurement called Power Speks. The date derived from the Power Bat can be recorded during coaching and practice matches, giving the players a chance to improve their performance during the actual game.

“Our vision is to bring sports closer to fans through interesting ways of engagement using real time sports analytics. At the same time, it is important that the technologies used are seamless and do not disrupt the game or obstruct the players,” Anil Kumble said while talking about the new Power Bat. He further added, “With Microsoft, we have been able to create a secure and effective solution, and with Star India, we have a partner that can stimulate and excite fan engagement.”

Anil Kumble and Microsoft came together to redefine the way people played this much loved sport with this game changing bat! The Power Bat was revealed a couple of days ago and it is already touted to be the game changer for cricket as a sport by 2019!

Speaking about the collaboration, Anil Kumble tweeted,

The CEO of Microsoft, Satya Nadella also replied to Anil Kumble in a tweet

 

 

Continue Reading

Technology

Historical Failures In The Tech World

Smruthi Kishore

Published

on

Historical Failures In Tech World,Technology Failures,Best Startups in India 2018,Latest Startup News India,startup stories,Technology Failures in History,Recent Technology Failures,Biggest Tech Product Failures,5 Biggest Technology Failures,Top 5 Technology Disasters,Blackberry,Windows 8,MySpace,Motorola ROKR E1,Microsoft Zune

Failure is but inevitable and when a product that started off well fails without reason, the world goes through a shock. There are two types of results for every startup: those which are remembered because they succeeded and those which are remembered because they failed royally. Here is taking a look at those startups that failed, despite having a really great starting life!

1. BlackBerry 

When BlackBerry was launched, it became the must have phone not just for professionals, but for people looking for a change in phones as well. For a while, when competition from Apple and other smartphones did not exist, BlackBerrys were the most sought after phones. With new models launching at regular intervals, the company was doing incredibly well. So much were people were obsessed with this device, it eventually was called the CrackBerry! Unfortunately, while other companies started upping their game, BlackBerry just could not and people started losing faith in this device. By 2016, the company started selling only 4 million phones on an annual basis and shortly after, production just stopped, bankrupting the company altogether!

2. Windows 8 

While the Windows 8 version seemed to work just fine for tablets, it failed to have the same impact on desktops and laptops. This multi coloured tile interface and the absence of the iconic Windows start button were some of the major issues people had with the new version. Touted to be one of the biggest mishaps made by Windows, Windows 8 was not user friendly and could not keep users interested in any of the features it had to offer. 

3. MySpace 

The platform where stars were born and film careers were launched, MySpace reinvented the world of social media. Also named as one of the 50 best websites according to Times, this particular platform changed the game of online communication. However, this position on the top 50 list was retained only for three years, when Facebook was launched and MySpace started losing pace in the online world. With the quick surge in Facebook’s popularity, MySpace started losing users and by the end of 2010, the company had no choice but to shut down. For many, it was like a very sad end to something that could have been truly great, had the game been played right!

4. Motorola ROKR E1 

When Apple started selling iPhones with a large storage, it basically revolutionized the way people listened to music. Apple partnered with Motorola and released the ROKR E1, the first ever music oriented phone. Pre packaged with a version of Apple’s iTunes software, the ROKR E1 failed to make the right mark. With so much data on the phone, the interface suffered terribly, resulting in severe lag, leading to terrible reviews from people. Done right, the Motorola ROKR E1 could have been a true tech changer!

5. Microsoft’s Zune

Manufactured to compete with Apple’s iPod, the Zune crashed and burned right from the day it hit the market. Despite having a lot of pomp and show to its name before the launch, an unplanned software error resulted in the immediate failure of the device. Furthermore, an unplanned sharing feature on the Zune added to the decreasing value of Microsoft’s already depleting shares! However, Microsoft refused to give up and finally, after not one, but five long years of low share rates in the market, it had no choice but to take the Zune down.

When new products and improvisations are announced, excitement is part and parcel of the launch. However, when these products fail, it’s like a part of your heart dies as well. What product failed to make a mark like you thought it would? Comment and let us know!

Continue Reading

Latest News

Facebook Rolls Out New Safety Measures

Smruthi Kishore

Published

on

Facebook Rolls Out New Safety,Best Motivational Stories 2018, Best Startups in India 2018,Latest Startup News India,startup stories,Facebook Updates 2018,Facebook New Features 2018,Facebook New Tools,Latest Facebook Updates,Facebook New Safety Features,New Facebook Features

It goes without saying that when you put your thoughts out into the world, you deserve to feel safe and when this safety is attacked, your mental health may get affected. Facebook, a platform for promoting your thoughts and ideas, has moved from being a purely interactive social media platform to a place where trolls and trollers rule the roost. To protect its more than 2 billion regular user base, Facebook has passed new tools and tweaked its settings to act against the bullies.

Delete, moderate and remove negative comments 

“Do not feed the trolls,” is what people have always said. How often does one listen to the wise sayings of the people with experience? Never, right? If a bear pokes you, you cannot help but poke back and this is how negativism breeds on a constant basis on Facebook. To counter this growing trend of hatred, Facebook is going to give its users more control over the comments.

Now, not only can you hide multiple comments, you can also delete them with the click of a button. The new feature is going to be rolled out on desktops, Android and iOS versions. Furthermore, if you think a family member or friend is being bullied, harassed or abused, you can report the said post on behalf of the friend or family member. Once reported, the Community Operations team will take a look at the post and decide the required action on the basis of Facebook’s rules and regulations.

To simplify matters, if you think the decision taken by the Committee is not what you thought it would be (both for the person who raised the complaint and the person against whom the complaint has been made,) you can make an appeal and the Committee will decide accordingly.

Protection of not just individual users, but celebrities as well

So far, Facebook has allowed people to talk, criticize and discuss about celebrities and the things they have said and done, without any regard to the person’s well being. Now, Facebook is working on protecting these celebrities by making sure no celebrity on the platform is personally and negatively attacked.

Previously, Facebook had introduced a tool that protected celebrities up to a certain age. However, to improve the safety standards, the social media platform is now expanding its policies to protect celebrities without age as a barrier. With Facebook’s new tools, anyone experiencing things they do not want to on Facebook can now report, block the user and ignore the messages without letting the harasser know.

Taking safety one step forward, Facebook is going to start a new partnership with the National Parent Teachers Association in the United States and will organise over 200 community events to address the challenges faced by parents in all the states. Further, Facebook is also going to offer peer to peer anti bullying and safety programs to schools in the United Kingdom. By organising and supporting safety programs in India, Facebook is spreading the message of improving the standards of online safety in all the countries where this social media platform is used on a regular basis.

 

Overall Facebook Rating
  • Security
  • User Experience
  • Mobile Freindly
3.8

Continue Reading
Advertisement

Recent Posts