BlackBerry Launches BBM Money Transfer Service In India

Posted on:30 Apr 2016 15:20:51

BlackBerry Launches BBM Money Transfer Service In India
30 April 2016 Current Affairs GK: BlackBerry is having a hard time staying up with the current trends in Android and iOS. Some large technology biggies like Facebook and WhatsApp have decided to end their support to the dying operating system and we could hear similar news in the coming months.

BlackBerry has now launched BBM Money, a payment solution, in partnership with Digitsecure, a payments platforms to cater to the BBM users in India. HotRemit is a product of Digitsecure, which does the work of a mobile wallet, which has been used to create the BBM Money service.

BBM Money application can be downloaded from BlackBerry world, and allows users to send money to one another through BBM app. The transfers are instant and secure, however restricted to BlackBerry Messenger only.Facebook is the only other service in India that allows transfer of money through a messenger application. This makes BBM Money very exclusive, although limited to just one service, which itself is not a dominant one, unlike Facebook.

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