What Is Truecaller Pay? What Are The Features?

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    ICICI Bank and Truecaller jointly has introduced Truecaller Pay. With Truecaller Pay you can instantly send or receive money from any UPI (Unified Payments Interface) enabled bank account. The only requirement is the account should be linked UPI.

    All transactions of 'Truecaller Pay' is powered by ICICI Bank. Users can also do prepaid and postpaid recharges.

    Know the features of Truecaller Pay

    How to get started?
    You need a smartphone with an internet connection and an Indian mobile number to access this payment app. To enable your bank account over UPI, you also need an Indian Bank A/c which is active on UPI and registered against the same mobile number that you used to register on Truecaller Payments.

    UPI supported
    Through your UPI linked Bank A/c, you can send money to anyone who has linked his/her bank account to any UPI-enabled app (including Truecaller) by using their UPI ID.

    Transaction limits
    Truecaller Pay has limits in transactions. The limits for Person-to-Person Transfer is Rs 1 lakh per transaction. The user can not transfer more than Rs 1 lakh within any 24 hours. Also, Trucaller Pay won't allow a user to do more than 20 fund transfers within any 24 hours.

    Recharge limit
    There is the limit for recharges also in Trucaller Pay. For Mobile recharge, the limit is Rs 1500 per transaction. The cumulative limit for mobile recharges is Rs 1500 within any 24 hours

    You can perform the following activities using Truecaller Pay.
    UPI ID creation
    person to person (P2P) payments via UPI
    prepaid mobile recharge and postpaid mobile bill payments.
    Access transaction history
    Check bank account's balance

    Story first published: Tuesday, August 22, 2017, 14:34 [IST]
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