After a number of rumors about Hike entering the digital payments segment, Hike has finally revealed a new update confirming those rumours. With the Hike 5.0 update, the Bharti Airtel and Softbank backed messenger app has introduced Hike Wallet. This wallet is a UPI-based digital payment service. With this, users can transfer money directly from the app itself without any additional charges.

Hike has named the wallet as Hike Wallet, which will be available for the Android users first and then for the iOS.

Currently, the update is not available for everyone – only 5% users have received the update. The Wallet will allow users to transfer money instantly to any bank in the country. Customers with a bank account and UPI ID will be able to transfer money directly to bank account. If a user has no bank account then the amount will be stored in the Hike Wallet. The messenger app has tied up with Yes Bank to carry out the payment services.

Hike 5.0 UPI Wallet

According to Hike, they are the biggest UPI-based platform in the country. They already have 100 million registered users that use Hike Messenger and with this, Hike is the largest UPI-based platform.

To make the transactions a bit more engaging, Hike has added 10 envelope options for the customers to choose and place a personalized message to celebrate special occasions. A user can also send blue packets to an individual or a group of friends. If you give Blue Packets to a group of your friends, then you can also select the number of friends that will get the packet.

The packet works on the first come first serve basis and a Blue Packet expires in 24 hours after sending.

Also read: Paytm Payments Bank Launched – How To Apply, Schedule Of Charges

Apart from adding UPI support and a wallet, Hike 5.0 update also brings a revamped user interface. It is now cleaner and more straightforward with three tabs on the home screen, which are Me, Chat and Timeline.

Hike 5.0 Stores Timeline

The Timeline section reflects the stories posted by other users in your contacts. The Chat section allows a user to start the conversation with any user in the contacts. Whereas, the Me section allows to change account settings.

Additionally, the new Hike 5.0 update includes:

  • A new Magic Selfie feature based on Machine Learning technology.
  • New app themes – Blue, Zen and Night, in addition to chat themes.
  • New night mode

Download Hike for Android from Google Play Store for free.

Download Hike for iOS from App Store for free.