India’s smartphone maker Lava has launched its first digital payment app Lava Pay. Users will be able to transfer money without internet. Let’s say that most users in the country still do online transactions through the Internet. The company says the app has been introduced with important safety standards. So let us tell you about Lava Pay in detail.
Feature phones to support Lava Pay app:
Lava has said that users will get support for this payment app in the new feature phone. However, current users will have to go to the company’s official service center and download the app to their phone.
Lava Pay app will work like this:
Lava pay payment app is very easy to use. Users will have to enter mobile number, bank account number and amount (price paid as payment) to make payments. Users will then get a code for authentication, which will have to be entered into this app. In addition, users will have to enter the UPI ID information in this app. After doing so, the payment will be transferred in a few minutes. The company has said that users will be able to check their bank balance without Internet connectivity.
Oppo Cash App:
Earlier, China’s smartphone maker Oppo launched the cash app. Users can buy financial services like mutual funds, insurance and loans through this app. However, he will not be able to make payments through this app. According to Oppo, users will get the cash app pre-loaded in the company’s upcoming smartphone. In view of the company’s move, experts believe that the company will strengthen its online distribution through it.
Xiaomi’s Payment App Mi Pay:
China’s smartphone maker, Mi, launched the Mi Pay app last year. Initially, the app users were pre-loaded in the company’s phone, but it was launched on the Google Play store keeping in mind other users. Now non-MI users can also use this app. The payment app has been a strong challenge to apps like Google Pay, phonepe and Paytm.