Hike Messenger launches payments on its platform; becomes the biggest UPI platform with 100 million users

Hike today launched payments on its platform making it the first messaging app to do so. The messenger is enabling UPI payments, Hike wallet and Recharge on its platform.

The biggest update of Hike messenger called Hike 5.0 is Hike Wallet, the easiest and most fun way to send and receive money.
There are 3 main aspects of Hike Wallet:

1. Free and instant money transfer:
a. Bank-to-bank via UPI: With Unified Payments Interface (UPI) support enabled in Hike 5.0, users can now do free and instant bank-to-bank transfers with their friends. What’s exciting is that this works even if their friends aren't on Hike.

b. Wallet to Wallet: For those who don’t actively use a bank account, Hike still allows you to send and receive money with your friends through the Wallet.
2. Blue Packets:

A Blue Packet is simply a beautifully designed envelope that users can insert money into and send to their friends. Users can choose from over 10 different beautifully crafted envelopes and also add a personalised message to it to celebrate those special occasions. A Blue Packet can be sent to an individual or even a group of friends. If you give Blue Packets to a group of your friends, you can have a little fun and select how many people in the group should get it. It works on a first come first serve basis and a Blue Packet when sent expires in 24 hours.
3. Recharge:
With Hike 5.0, users can now recharge their phones and pay their postpaid bill right from inside Hike. This removes the need to have one more app just for paying mobile bills, thereby saving space on their phone and removing the need for them to add yet another app.

With more than 100 million registered users currently on Hike Messenger, this launch makes Hike the largest UPI based platform in India overnight. Yes Bank is the banking partner enabling Hike to launch UPI and the Wallet.