Truecaller had introduced the UPI based payment system earlier this year in India and now they have announced a new feature as a part of Truecaller Pay. The new feature does what the name says, it will request money from other users.
The new feature was rolled out last week to some users and it aims to save users from awkward situations of asking for money from someone. With this feature, users can send a direct payment request to a fellow Truecaller user, via Android notifications. The receiver of the request can just click the notification and make payments after entering their registered MPIN in the app when prompted. Users can also create shareable payment links which can be sent via SMS, email, instant messaging platforms or can even post it on a website to receive payments. When clicked, the link would directly open the Truecaller app where the receiver can complete the payment. This makes it extremely useful for small businesses to make transactions and payments simple, secure and direct to bank using just a mobile phone and the Truecaller app.
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Truecaller Pay, which was launched earlier this year, lets users create their unique Virtual Payment Address (VPA) in the Truecaller app, and can instantly send or receive money directly to the bank account using any Unified Payments Interface (UPI) supported the bank, the Truecaller Pay is done with the support of ICICI bank. With the addition of these features to its ever-expanding portfolio, Truecaller aims to deliver seamless communication experience to it users.
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