Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday 14 December 2017

Google, WhatsApp, BHIM ?




When it comes to Mobile Payment Wallets in India , who will win ?



For the moment it looks as if Google’s Tez ( launched in Sept 2017 ) might win this race



In less than 3 months since launch, its volume of transactions has totalled more than 140 million ( - more than 40 million per month – as compared to 8.2 million in Nov 2017 for BHIM , which got launched in Dec 2016  ! )



Tez seems to be on trajectory to implement what I have been recommending for last one year , viz:
Voice Activated Payment ( no need for any typing )



Google has already launched,

-           Google Messenger Google Action  Google  Assistant Google AI ,

- all of which can combine to enable a buyer and a seller to merely “ Speak “ to Tez .




No typing ANYTHING ( Aadhar Number / Bank Account Number / Password etc )


Everything cantered around Biometrics of : Iris / Finger / Voice / Face Recognition


A unbeatably SECURE and powerful combination of all !



Now, it is rumoured that WhatsApp is about to launch its own Mobile Payment App in India, cantered around its popular Messaging App , for which it has more than 200 million users in India




And apart from a VOICE message , I believe you can “ talk “ to WhatsApp for sending a text message  ! -  precisely what I have been suggesting



This will enable even illiterate , rural folks to be able to switch over to Digital Payments ( most will have a 4G phone , before long )



So , WhatsApp has a sporting chance to win the race !



Will BHIM come up last , despite massive promotion by the government ?



It is stuck on BHIM V 4.0   (  Bhim : theUnstoppable )





Reference Reading :













15  Dec  2017


  


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