Makes it easier to transact between its users and for small businesses
Strengthening its endeavour to foster a one-stop communication platform, Truecaller announced the introduction of the ‘Request Money’ feature as a part of Truecaller Pay.
The new feature, rolled out last week, saves 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.
Truecaller 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.
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 direct to bank account using any Unified Payments Interface (UPI) supported bank. With the addition of these features to its ever-expanding portfolio, Truecaller aims to deliver seamless communication experience to it users.
About Truecaller:
People use Truecaller to stay ahead. It helps them know who’s getting in touch, filter out unwanted and focus on what really matters. The company provides a suite of unique services such as a dialer that offers caller ID, spam detection, messaging and more. Truecaller’s mission is to build trust everywhere by making communication safe and efficient. Headquartered in Stockholm, Sweden, the company was founded in 2009 by Alan Mamedi and Nami Zarringhalam. Investors include Sequoia Capital, Atomico and Kleiner Perkins Caufield Byers.