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Snapchat to shut down its digital payment service ‘Snapcash’

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San Francisco, July 23: Photo-messaging app Snapchat is reportedly terminating its digital peer-to-peer payment service “Snapcash” on August 30, ending its four-year-long partnership with US-based mobile payment company “Square”.

“Yes, we’re discontinuing the ‘Snapcash’ feature as of August 30, 2018. ‘Snapcash’ was our first product created in partnership with another company – ‘Square’. We’re thankful for all the Snapchatters who used Snapcash for the last four years and for Square’s partnership,” TechCrunch quoted a Snapchat spokesperson as saying late on Sunday.

“Snapcash” used the regular number, expiration date and card verification value (CVV) of a debit card, allowing Snapchatters to shop, send and receive money without having to leave the app.

The feature, however, did not allow cancellation of payments once the process was completed.

The digital-payment feature was made part of Snapchat back in 2014 in partnership with “Square” that handled the actual payment processing.

Even though the purpose of the feature was purely for user-convenience, it was exploited by users who offered adult content in exchange for payments through “Snapcash”. The misuse could have caused Snapchat serious legal and PR problems.

IANS

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Paytm testing ‘Face Login’ feature

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New Delhi, Sep 24: To further secure its platform, digital payments company Paytm on Monday said it is testing a new “Face Login” feature on its Android beta app.

According to One97 Communications, that owns the brand Paytm, the new feature will enable users to log in to their app by simply looking at their phone.

This will be an important security update for Paytm users that is designed to prevent phishing attacks by providing an additional security layer of biometric security, the company said in a statement.

“Our team is currently working on enhancing our proprietary algorithms to make it more intuitive for users. This will make accessing Paytm account even simpler and faster, prevent phishing attacks and offer instant access on the go,” said Deepak Abbot, Senior Vice President-Paytm.

The company has tested this feature extensively with over 10,000 distinct faces and witnessed nearly 100 per cent accuracy. To achieve this, the app maps over 200 distinct parameters on the human face for high accuracy.

IANS

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Motorola One Power with 5,000mAh Battery Launched; Check Price, Specifications

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New Delhi, Sep 24: Motorola on Monday launched its first Android One device “Motorola One Power” with a 5000 mAh battery in the Indian market.

Motorola One Power price in India:

The Motorola One Power price in India has been set as Rs. 15,999 and the handset comes in only one configuration – 64GB internal storage and 4GB of RAM. The device will be available from October 5 on Flipkart.

Jio customers can get benefits up to Rs 4,450 (applicable on Rs 198 and Rs 299 plans) while purchasing the device.

Motorola One Power specifications: 

Android One means the device will have the latest Android version and regular security updates. The device with Android Oreo 8.1 OS comes with 6.2 inch 19:9 Max Vision Full HD+ display.

“The Indian market will be a key focus for us in our value portfolio (Rs 10,000-Rs 20,000),” Prashanth Mani, Managing Director, Motorola Mobility India, told reporters here.

“With this device, stay powered longer with up to two days of battery life so you can watch your favourite movie while travelling and get up to six hours of battery life in just 15 minutes with the included ‘TurboPower’ charge,” the company added.

There’s a Qualcomm Snapdragon 636 1.8GHz octa-core processor coupled with 4GB RAM and 64GB built-in storage that can be expanded up to 256GB.

The smartphone has 16MP+5MP dual rear camera system along with a 12MP front camera.

The primary camera comes with integrated Google Lens that helps in recognising and searching about the objects that users come across.

The Motorola One Power also has 4G LTE, Wi-Fi 802.11ac, Bluetooth v5.0, GPS/ A-GPS, USB Type-C, and a 3.5mm headphone jack.

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3 Indian women selected as Facebook global community leaders

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New Delhi, Sep 24 : Adhunika Prakash, who founded non-profit Breastfeeding Support for Indian Moms in Pune, was on Monday selected among five global leaders for $1 million award each by Facebook as part of its Community Leadership Programme.

Apart from Prakash, Chetana Misra who founded Mompreneurs India and Tamanna Dhamija who created Baby Destination were awarded $50,000 in fellowship each, as the social media giant selected community leaders in residence, fellows and youth participants from over 6,000 applicants across the world, Facebook said in a statement on Monday.

Selected for facebook’s in residence award, Breastfeeding Support for Indian Moms is a peer-to-peer support group primarily for breastfeeding parents. The group has more than 80,000 people from across the country.

She aims to work with hospitals in India to help train and support parents, particularly in rural areas.

Mumbai-based Mompreneurs India is a community of like-minded women, allowing them to network, share knowledge and contacts, and benefit from partnerships to start a business and take it online.

New Delhi-based Baby Destination helps mothers exchange information and support one another.

“While speaking with the community leaders, we discovered that lack of training, support and funds are common obstacles to having the kind of positive impact on their communities that these leaders envision,” said Facebook.

The three leaders are among 115 people who have been selected into the programme as community leaders in residence, fellows and youth participant to work for community resilience or issues, civic engagement health and wellness parenting education.

“At select points over the next year, the participants will spend time at Facebook’s headquarters in Menlo Park (California), working with the team to help develop their community initiatives,” Facebook noted.

Launched in February this year, the programme is designed to enable extraordinary leaders advance their initiatives and build stronger communities through the social networking giant’s family of apps and services.

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