Truecaller Pay Claims It Will Have Over 25 Million Users by March 2022
Truecaller Pay, the Unified Payments Interface (UPI) based payment platform by Truecaller, on Monday said that the app would organically bring on lath 25 million users by March 2019.
According to the company, the platform is currently witnessing up to 100,000 users linking their bank accounts on a daily ground, of which as much as 50 per cent of the new users are experiencing UPI for the starting time time.
"Since nosotros launched Truecaller Pay, we have been receiving an encouraging response from our users. Due to this, we are more committed to strengthen our payment platform and aggressively piece of work towards bringing more than features to the app. This volition enable admission to digital neb payments for the masses," Sony Joy, Vice President, Truecaller Pay, said in a argument.
Headquartered in Stockholm, Sweden, Truecaller is a mobile app developed by True Software Scandinavia AB in 2009.
It essentially finds mobile number details globally by giving a phone number to users who are either using this app or their synced contacts and has an integrated caller ID service.
In June, Truecaller acquired India-based payments startup Chillr and integrated its team into the Truecaller Pay setup. Chillr co-founder Sony Joy was named vice president of Truecaller Pay. The goal was to integrate many of Chillr's features into the Truecaller app. Chillr was Bharat's get-go multi-banking concern payments app that allowed anyone to send money instantly from a Bank account to anyone on their phone volume, which is something Truecaller has integrated.
With inputs from IANS
Source: https://beebom.com/truecaller-pay-25-million-users/
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