Lava Pay is a cell cost resolution that works with out web

Lava Pay is a mobile payment solution that works without internet
Lava, an Indian cell phone model, has introduced its personal cell cost resolution known as Lava Pay. It is a peer-to-peer cost service however what units it other than different gamers is that it’s claimed to work with out an web connection. This is the rationale that it’s primarily geared toward characteristic cellphone customers who cannot entry different cost apps and companies obtainable on the market.

Lava Pay is additional claimed to be supported by the highest safety requirements in order that customers would not have to fret about their cash getting stolen. The app will come pre-installed on all upcoming Lava characteristic telephones. If you’re an present Lava cellphone consumer, you’ll be able to get the app put in by visiting any of the corporate’s service facilities.

The process for utilizing the app to ship or obtain funds is pretty easy. A sender might want to enter the recipient’s quantity and the quantity {that a} consumer needs to switch. It needs to be famous that the entire transaction remains to be related to UPI which suggests customers might want to have a UPI ID. Since it’s not doable to create a brand new UPI ID utilizing characteristic cellphones, Lava has urged customers go to their financial institution branches for a similar.

The core thought behind releasing Lava Pay is alleged to increase the attain of mobile-based cost switch expertise. Smartphone customers have been utilizing their telephones to ship and obtain cash for fairly a very long time. Lava Pay is hoping to do the identical for characteristic cellphone customers across the nation. While the service sounds promising on paper, we should look ahead to real-world utilization to see the way it will work.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.