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Paytm offers chat to ward off rival WhatsApp

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Gauging threat from global chat app giant WhatsApp , online mobile wallet major Paytm on Thursday launched its own version of a chat feature on the app. The company launched ‘Inbox’, a messaging platform with in-chat payments. The messaging service will allow consumers to chat with friends and family, and send and request money at the same time. The messaging platform is encrypted end to end and users can initiate private conversations and create group chats, according to the company. “ They can also send photos and videos instantly, share live location, and capture and share moments with the built-in camera. There is also a feature allowing users to recall their messages using ‘Delete for All’. Paytm Inbox is live on Android and will be available to iOS users soon,” the company said. Paytm has over 230 million users who avail services, including online, recharges, utility payments, travel and ticketing. This is the second company funded by SoftBank that has created a c...