Handset manufacturer Intex has launched its Intex MyWallet payment app for all Android users by launching it on the Google Play Store. The app is still in beta, but will allow users to make recharges, money transfers, book tickets, pay for travel and shop etc.
The company currently preloads the app on Intex smartphones and provides features like loyalty points for various digital purchases like videos, games and other content. It had partnered with Tata Teleservices’ mRupee in October last year to launch the payment service.
Intex will also implement a retailer portal where retailers can sign up to offer retail assisted services – essentially help customers use the Intex payments app in return for a “higher share of customer’s’ wallet.”
Micromax and Spice Digital’s wallet
Intex joins other handset manufacturers such as Micromax and Spice Digital to offer wallet services. Spice Mobility had launched a new mobile wallet called SpiceMudra which focuses on domestic remittances in September last year. Spice Digital’s 3,000 retail outlets would help with the remittances using the wallet and the company planned to expand to other services such as bill payments, mobile recharges and ticket booking. The wallet would be integrated with Spice’s handsets to enable easier payments for customers.
Micromax has a deal with Transerv for a wallet called Udio, which was signed back in December 2015. The partnership would allow Micromax to a native payments solution for financial and social transactions including sending or requesting money, splitting bills, sending gifts to friends, and making payments through phone integrations.