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LALA World launches blockchain payments app in India & the UAE

fintech

Singapore based fintech company LALA World has launched a blockchain based payments application for iOS in India and the UAE. The app will facilitate users to pay mobile and utility bills such as telephone, gas, broadband, electricity, etc., the company said in a press release. According to the company’s website, the ‘LALA’ ecosystem is built around four key products - LALA Transfer, LALA Card, LALA Bill Pay and LALA Lends. In India, the application currently supports 25 different utility service providers and 29 different DTH and mobile service providers. Users will be required to create a blockchain based ‘LALA ID’ to avail the said services. An Android version of the application is already available through Google Play Store. LALA World claims to have launched a mobile wallet app, LALA Wallet, in the country for Android devices in July. Going forward, LALA World plans…

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