Paytm Stops Its WeChat-Inspired Messaging Service
Tuesday, December 4, 2018 IST
Paytm said it stopped its messaging service a little over a year after its debut as scaling up the app would have added to the costs of the digital payments platform.
Paytm Inbox—that allowed users to not just send and request money, but also chat using the app—was inspired from China’s Tencent-backed WeChat to take on rivals such as WhatsApp and Hike.
While Paytm founder Vijay Shekhar Sharma confirmed that the chat function has been removed, he told BloombergQuint that the company plans to release it after upgrading the feature with social content.
When BloombergQuint checked the chat function within the native app, the instant messaging feature couldn’t be found. Paytm’s “Inbox”, which claimed 120 million monthly active users as of June, is now more of a news and entertainment vertical, and allows users to play games and stream live channels.
This comes at a time Paytm’s another feature “SMS Inbox”, which the company touted as a spam-proof inbox, irked users as it sought permission to compose or delete SMS, including personal and financial details, as well as locate phone and monitor calls.
Paytm in September had introduced the feature on its app to integrate mobile SMS with it. The e-commerce company had said it uses proprietary machine learning algorithms to classify SMS into personal, transactional and promotional categories. This feature, however, mainly operates as an SMS organiser and less as a chat option.
Related Topics
Trending News & Articles
More in Electronics & Gadgets
Are you planning to buy a property? There are certain things that should be kept in mind. Since it is the biggest investment, therefore it is extremely important to...
Recently posted. 1K views . 1 min read
We look at how co-working spaces have transformed the commercial real estate market in India and why it is likely to remain a preferred choice for companies in th...
Recently posted. 1K views . 1 min read
The Greater Noida Industrial Development Authority (GNIDA) has temporarily suspended the penalty charges levied on delayed housing projects. As per the new norm, ...
Recently posted. 871 views . 2 min read
Recently posted . 603 views
Recently posted . 1K views
Recently posted . 3K views
Recently posted . 2K views
A parking lot for 7,000 cars, a hospital and a flyover are among 23 development projects worth Rs 2,821 crores that were unveiled for Noida on March 2, 2020
Recently posted. 1K views . 1 min read
Delhi Development Authority (DDA) is set to come up with a Golf Course in Dwarka, in addition to 10 new sports complexes across the city.
Recently posted. 1K views . 0 min read