TranServ has launched the India’s 1st Mobile Wallet – Udio Mobile Wallet in India. Just for your information, TranServ is a leafing digital payment company and the name of the wallet Udio is Synonymous to its name which means “share” in Croatian. The Udio Wallet integrates highly social, community-driven aspect with anytime, anywhere accessibility to digital P2P transactions via its secure & seamless payment structure. In addition to this, Udio enables squaring of dues, sharing dinner bills or a cab ride a consumers and brands.
Speaking on the launch, Anish Williams, Co-founder & CEO, TranServ, commented:
“With the Udio app, we are taking the next step in the field of digitally led social payments in India by seamlessly integrating the social aspect with our secure and swift digital solutions. We strongly believe in this concept and its viability in the Indian context, which is why we have integrated peer-to-peer transactions into our own offerings. Peer-to-peer digital payments solutions, such as Venmo, have already been proven to be extremely successful in other markets such as the US. We are confident that India’s growing smartphone user base will welcome this new development with open arms and adopt Udio as their default payments partner for all online and offline transactions.”
TranServ’s Udio Wallet provide user to a great experience with its UI – smooth, immersive interface. Browsing through the wallet is fun and interactive just like a social medium platform, while wallet users can engage with each other through social transactions such as splitting bills, sending/requesting money and group payments. With functionality of social gifting married with location and context, Udio helps create experiences which truly puts consumer at the heart of the solution and ensures that the experience is designed to delight. In addition to this, Udio users can gift their friend’s merchant vouchers, coffee, drinks, desserts and even spa sessions at their favorite hangouts.
The Udio wallet comes with a VISA pre-paid card linked which is powered by Ratnakar Bank and it allow Udio users to leverage the wallet’s payments facility with over 1 lakh merchants across the country. For your information, the TranServ recently launched the India’s 1st smartphone based native payment solution with Micromax. As a Micromax smartphone user, with TranServ you can conduct a financial & social transactions through native phone integrations such as contacts in the device address book and messaging. Multiple payment features will be enabled for Micromax as a service layer and will provide a ubiquitous payment solution in conjunction with the Udio Visa card.