wordpress blog stats
Connect with us

Hi, what are you looking for?

BlackBerry launches BBM Money with HotRemit in India to transfer money to contacts

Smartphone maker BlackBerry and Digitsecure, a payments platform which runs HotRemit, have partnered to bring BBM Money to India. The company had started the digital remittance service in Indonesia in 2014. BBM Money is an app which integrates directly with a customer’s BlackBerry Messenger (BBM) account, and allows users to pay for goods using the BBM platform. HotRemit is a BBM-connected app available for BlackBerry 10, Android and iOS platform and lets users transfer cash to BBM contacts instantly and securely. Note that this is limited to inter-BBM transfers only. As far as we know, this is the only use case of a messenger application used for payments in India. If there are any other use cases let us know in the comments. In March last year, Facebook announced that it would be allowing peer-to-peer money transfers over its Messenger application and it would be rolled out first in the United States.  LINE messenger in December 2014 said that it is looking at extending its mobile payment service LINE Pay globally. However, no word on India launches. HotRemit is a social wallet app developed by Digitsecure that handles money transfers, including sending and requesting money, mobile top-up and DTH recharge using phone numbers. Digitsecure was given a prepaid payments instrument licence in July 2012 from the Reserve Bank of India to run a semi closed wallet. BlackBerry Messenger has 140 million registered users as of July 2015 and the company said that 70% of them are active every day. Unified payments interface and messengers Earlier this month, the National Payments Corporation of…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

By Soujanya Sridharan and Dr. Sarayu Natarajan Platform work and data: the intersection Every time you use a ride-hailing app, the matching algorithm processes...

News

New bill narrows focus over predecessors that went heavy on data sovereignty, localisation and compliance. What explains this change?

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ