Truecaller lanunched Request Money
Truecaller launched a new feature called “Request Money”
Truecaller launched a new feature called “request money” this year for the android users for the efficient in the payment transfer. This feature allows a user to send a notification to another user who owes money in order to remain them about their debt.
The Request Money feature allows the user to send the payment request to another user having Truecaller app via Android notifications. On the other hand, the receiver of the request will get the notification on their phone as a reminder. Then the receiver can make the payment by just clicking on the notification through the newly installed feature by entering their MPIN.
The company also provides a shareable payment link which can be sent through the SMS, E-mail, or can even post it on a website in order to receive the payment. Then by just clicking on the payment link, it would automatically open the Truecaller app in which the receiver will complete the payment process. According to the company, this feature is mainly useful for the small businesses in order to make or pay money in a simple and secure method which directs to the bank by just using a mobile number and the Truecaller app.
In the march of this year,Truecaller connected to the ICICI bank in order to allow the users to receive or to send the payments through the app. This app influences the UPI(Unified Payments Interface) to power payments from the connected bank. It allows the users to create their Virtual Payment Address in the app. This Truecaller Pay is designed in the Truecaller app itself and you need not install any app. In order to send or receive the money, you just need Truecaller app and then in the profile page just click on the send money through the UPI or mobile number that you need to pay and finally click on Pay and it will ask for the authentication in which you need to enter you UPI PIN.