Say hi to Paytm Inbox

Say hi to Paytm Inbox

Say hi to Paytm Inbox

It permits consumers to impart messages and photos like other chat apps, along with the availability of a peer-to-peer money transfer feature and access games, another vertical that Paytm has expanded into. These include 520 million smartphone users in India by 2020 and the fintech market growing to $2.4 billion by that time (it is now at half of this, $1.2 billion). Paytm Inbox is now live for Android users (just an updated version of Paytm is needed and not a separate app). Since it is inside the Paytm app, users can request or send money while chatting using Paytm Wallet. You can also send photos and videos instantly, share live location, capture and share moments with the built-in camera feature.

Paytm Inbox is a chat messenger that allows users to chat while sending or receiving money.

According to The New York Times, WhatsApp is used by approximately two-thirds of India's 300m smartphone owners, and it has a payments service for India in development, which it plans to roll out in the next few months. We tested this using a second Paytm account with Inbox and it works as expected.

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Paytm, which has the backing of SoftBank and Alibaba among many others, mentioned in the statement that users cannot only carry out financial transactions with their loved ones but could also enjoy a seamless chat experience. "There is a need for social messaging, commerce and payments seamlessly blending into one another". "This will help us drive greater engagement on our platform and build a stronger bond with our customers", said Deepak Abbot, senior vice-president, Paytm. Inbox is end-to-end encrypted to maintain your privacy and security. In an attempt to dig at WhatsApp, Paytm received the Message Recall feature similar to WhatsApp's Delete for Everyone feature. It will also feature orders that a customer might have placed from the Paytm Mall, transaction updates and games.

The leading digital payments service of India, Paytm, today announced 'Paytm Inbox, ' which is an instant messaging platform of Paytm. It will be coming to Apple iOS users shortly. WhatsApp is slated to launch its UPI-based payment service in India by December of this year.

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