Apps

PayPal to shut-down domestic payments operation in India

Will focus on cross-border transactions

Published

on

PayPal will shut down its payments operations in India this year. The company has announced it’ll undertake a restructuring exercise from February 6, informing its merchants that it intends to terminate contracts by April 1, 2021.

The decision isn’t shocking because PayPal lost the Indian payments market long ago. Instead, the company plans on focusing on its cross-border trade business. Indians send a lot of remittance from other countries, and with the world gradually recovering from the Coronavirus pandemic, the demand is bound to grow.

They added that the company has looked at ways to “protect business and optimize growth here since early days of the pandemic” and “decided we are best placed focusing on enabling cross-border trades and exports.”

PayPal was a payments options on many Indian online apps like MakeMy Trip, BookMyShow, and Swiggy. Simultaneously, the service is very relevant in the US and other markets due to Venmo (P2P transfers) and its payment gateway service on third party merchants. Adding to this, the user can also use the account as a digital wallet.

However, PayPal never really took off in India due to a cumbersome sign-up process and government compliance issues. While its technology had an edge, PayPal became irrelevant in India when UPI (Unified Payments Interface) was launched by a consortium of Indian private and public sector banks.

The technology made P2P transfer possible across any major bank in India. The interoperability offered by UPI is considered the best in the world. Why would one need a digital wallet when your bank account is directly accessible within a minute? The transfers are also real-time; hence there’s no settlement time or banking hours. This push ended the dream of many companies similar to PayPal, including Alibaba-backed Paytm.

Apps

TikTok unveils Jump, third-party mini apps that can be added in videos

Will be interesting to see how Facebook takes inspiration

Published

on

Voice assistant Alexa has something called a Skill, a simpler name for a mini-app within the ecosystem. Similarly, TikTok unveiled a new feature called “Jump,” which lets creators add mini-apps within their videos to boost engagement.

The Bytedance-owned app lets creators get onboard and make apps that the platform’s content creators can leverage. Early partners of the program currently include Wikipedia for information, Whisk for recipes, Breathwrk for breathing exercises, and much more.

Developers can create mini-apps that will become available to any TikTok user through the videos shared on the social network. In the back, everything app is powered by HTML 5, making it easy for anyone to start building with basic web development skills.

“From movie reviews to beauty tutorials, we’re excited to be expanding TikTok Jump to new verticals and use cases, and we look forward to seeing how our creators leverage these new mini-programs in their content,” the company said in a blog post.

Instagram has partially achieved this by creating a marketplace for filters, but the mini-app is a little more complicated. With proper integration, entire services can be embedded within a video, creating an ecosystem of its own.

For example, when watching a video with a Jump, users get a button near the bottom of the screen. When tapped, it’ll open the content on a new screen within TikTok.

Continue Reading

Apps

Top iOS 15 Features to look out for

FaceTime for Android, anyone?

Published

on

The next version of iOS rolls out this fall. There are new features such as FaceTime for Android, new Memojis, rebranded Safari and Messages app, personal identification card compatibility for Wallet, and more.

But in this video, we rounded up our Top 10 iOS 15 Features you should look out for.

Watch the whole video by clicking here.

Continue Reading

Apps

Voilà AI Artist turns your selfies into 3D cartoons, caricatures

And many more artistic renditions!

Published

on

Voilà AI Artist

From FaceApp to Zepeto, plenty of avatars from these apps proliferated social media platforms. Most recently, the Internet went crazy with cute avatars once more. You probably noticed how people have been posting a 3D cartoon version of themselves, akin to a Disney character. It’s all thanks to Voilà AI Artist — a photo-editing app using artificial intelligence to turn your photos into artistic renditions.

Get yourself painted as a Renaissance painting.

Voilà AI Artist

Have your selfies transformed into a 3D cartoon from an animated movie.

Turn your photos into a 2D cartoon…

Voilà AI Artist

… or even have your face drawn as a caricature.

Voilà AI Artist

Voilà AI Artist is developed by WeImagine.AI., a Canada-based team of creators and developers. The app is free to download on the App Store and Google Play Store. If you’re concerned about the app’s privacy policy, read it here.

Continue Reading

Trending