After Android, UPI-based Truecaller Pay comes to iOS
Last year in March, popular caller identification app Truecaller, launched its UPI-based payment service - Truecaller Pay - for Android users in India. And now, the company has updated its iPhone app (version 9.12) to introduce the payments feature for iOS users as well. Notably, this is an exclusive feature for Truecaller's Indian users only. Here's more about Truecaller Pay.
Truecaller Pay: UPI-based payment service, powered by ICICI Bank
Based on Unified Payments Interface (UPI), Truecaller Pay allows users to create a Virtual Payments Address (VPA) from within the app. This VPA will then be used to send and receive money to any UPI ID or to a mobile number registered with the Bharat Interface for Money (BHIM) app. The feature is powered by ICICI Bank and works for all UPI supported banks.
You can also pay your bills using Truecaller Pay
With Truecaller Pay, you can also make online payments : prepaid/postpaid phone bills, data card recharges or utility bills such as electricity, gas, Wi-Fi among others. As of now, Truecaller claims to have partnered with over 80 billers.
How to set up Truecaller Pay (for iOS and Android)
To get started, click on 'Payments' option (on iOS), 'Banking' tab (on Android) to set up Truecaller Pay. Now select and verify your phone number linked to your bank account. Then, select your bank and let the verification process complete. Once completed, you can either set a new UPI PIN for Truecaller Pay or use your existing UPI PIN.
Truecaller working on Truecaller Pay 2.0
Back in June, Truecaller acquired Chillr - an Indian payments start-up - to further its commitment to mobile payment. The company has announced Truecaller Pay 2.0 and is working to leverage Chillr's user reach of over 150 million and more than 300 partners.