Microsoft today announced that it had enabled digital payments services on Microsoft Kaizala; a communication and productivity tool in India by integrating YES BANK and MobiKwik payment services using both organizations mobile payment infrastructure.
This payment integration in Microsoft Kaizala platform will enable users to quickly send or receive money without having to leave the Kaizala mobile application. It also allows to make peer to peer payments in one to one and group chat conversations via the MobiKwik wallet and via YES BANK’s Unified Payment Interface (UPI) integration. The UPI payment integration on Microsoft Kaizala works with all 86 banks that are already participating in UPI.
Microsoft Kaizala application was launched in July 2017 in India with an aim to offer instant messenger, a collaboration portal, and a productivity enhancer. Microsoft is also offering existing Office 365 customers through early adopter program can avail 12 months of free subscription to Kaizala Pro. The app is optimized for 2G network for better connectivity in remote locations. Microsoft Kaizala is available for free on Android, iOS and Windows platforms.
Commenting on the same, Rajesh Jha, Executive Vice President, Office Product Group, Microsoft said:
We see an opportunity for technology to give Firstline workers more intuitive, immersive, and empowering experiences – and thereby help organizations achieve greater efficiency, enhance their customers’ experience, and increase both innovation and employee satisfaction. Office 365, including Microsoft Kaizala, Microsoft Teams and Outlook, aims to connect this mobile-first and mobile-only workforce for modern collaboration and teamwork.
Ritesh Pai, Chief Digital Officer, YES BANK said:
YES BANK has been a pioneer in UPI and we have emerged as a leader in the UPI ecosystem by leveraging our strategic partnerships, as well as the Bank’s first-of-its-kind API Banking Solution. We are glad to collaborate with Microsoft Kaizala and bring seamless payments to businesses and users by employing our state-of-the-art UPI Platform. The addition of payments makes Microsoft Kaizala an even more compelling platform for collaboration.
Bipin Preet Singh, Founder, and CEO, Mobikwik said:
The diversity of user base that can be reached out via Microsoft Kaizala is tremendous. With this association, we will be able to take peer to peer payments to users across hundreds of organizations in diverse industries, including government departments. This is in line with MobiKwik’s mission of enabling billions of Indians with easy access to digital payments.
The ease of using Microsoft Kaizala, even in areas with limited internet connectivity, is the biggest benefit since it will enable greater market penetration for us. We are thrilled to be chosen as the first mobile wallet provider by Microsoft Kaizala and look forward to offering our services to Kaizala users. We are confident that this association will go a long way in helping us reach out to a whole new set of users in the country.