The Cashless India term seems to have an impact over the encourage on digital means of the payment system. One of the most likely & digitalized ways it’s “UPI” had changed how the way to money transfer. Without any charge, it has instant bank transfer. Everyone to make hay when the sun shines as it’s an excellent opportunity even the Indian government launched BHIM UPI Wallet. Hike 5.0 Update bring Hike UPI Wallet & Payment services to the app. Hike has been a popular instant messaging app with its stickers & with the new update, it allows to send & receive payments. What does it need? Just Hike 5.0 UPI App download & a seconds registration.
Before the launch of the UPI payment system in India their’s been use of Digital Wallets like Paytm, Mobikwik & Freecharge which started some cent for every bank transfer. So with the 5.0 update Hike, to be the first chat app to support UPI Wallet. Well, there were rumours about Whatsapp to start such a system within the app. But Hike to take it in use ahead of Whatsapp. This could be possible with the partnership of Yes-Bank. Means Hike will be using yes bank API for the payment transfer.
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Hike 5.0 Update: What’s New?
With the Hike latest update, there are lots of new features. The most recent update will be official for all Android users from 25th June 2017 whereas iOS users till need to wait a little more. Well, there will be the addition of some cool fonts and masterpiece & well crafted in India stickers within the app. The Stories posting on the timeline which stays forever on there which was withdrawn from the app from the last update will be available again in the Hike 5.0 App.
Also, there will be unique magic camera feature in the app and many basic improvements in App Sticks, there will be an addition of 11 new chat themes with a new and updated UI. The bulky app which was over 40mb has been reduced to around 25mb with the addition of new features as well.
And most interestingly a well developed UPI Wallet will be there within the app. With the new update, users can even recharge their mobile number using Hike UPI Wallet. Hike’s Wallet will be fully empowered with back end by Yes Bank which will be rival of digital wallets like Paytm and Mobikwik.
Hike UPI Wallet Features
With the comprise of UPI payments system. App users will be able to make free and instant bank to bank, wallet to wallet and wallet to bank transfer. That means not only a UPI system but Hike 5.0 permit a wallet as well. You can use Hike Wallet to retain money there and you can use it instantly for recharges or you can directly send to friends wallet who doesn’t have a bank account.
They’ve added some beautiful cover stickers as virtual gift envelopes called as Blue Packet. You can use them whenever you send payment virtually using Hike UPI Wallet. Blue Packets have an expiry if they aren’t opened within 24 hours they will get expired.
How to Download & Register at Hike UPI App For Android, iOS?
Hike will update it’s 5.0 version on 25th June on Google Play Store. Though! iOS users to wait until the end of July. Once it’ll be official, you can either download Hike 5.0 Apk or
- Download App From Play Store. (Updated 5.0 version will be added on 25th June)
- Install & Open it.
- Click on Register a New Account.
- Select the number which is registered with your bank account (It may detect the number automatically).
- Now set your four digit MPIN.
- Create your own VPA (Virtual Payment Address) and share it with your friends to receive payments.
- Done! You have successfully registered your account at Hike UPI Wallet.
How to Send or Receive Payments?
To receive payment using Hike UPI Wallet. Simply share you VPA to the sender. They can easily use the method listed below to send money using Hike.
- Log in to your account.
- Click on “Send Money” option to send money to friends.
- Enter Recipient VPA or Bank Details.
- Input the amount you want to send.
- Select wallet or linked bank account as the payment method and then click on “Pay Now” button.
- Enter your UPI wallet’s MPIN.
- Click on Submit & payment will be transferred instantly.
Blue Packet to a Friend or Group
You can send Blue Packet to your friend to surprise them during any occasion. Blue Packet contains money and special message. You can also send Blue Packets to any group by selecting how many persons in the group should get it. The packets expire in 24 hours if the receiver doesn’t open the packet.
Hike Wallet Cashback Offers
Hike may introduce new cashback offers to promote their UPI feature.
Tip: Get all updates about Hike UPI App Offers. Hit the red bell in the left corner & stay connected with Helper Bus. You could share the post if you liked it.