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OnePlus Pay is one trademark closer to India. Are you interested?

  1. Cheetosdust
    Starting Point Expert Community Expert Apr 6, 2021 at 3:55 PM

    Cheetosdust , Apr 6, 2021 at 3:55 PM :
    OnePlus Pay.png

    It’s about the convenience of paying. Built to dissipate the fog when the act of making the bank account thinner arrives, payment systems are a bet on hassle-free experiences. OnePlus is not a stranger to these, announcing OnePlus Pay in tandem with the OnePlus 7T Series and launching the service in March, 2020, but only for the Chinese market.

    Pay to Play

    NFC (Near Field Communications)-based, OnePlus Pay is available for the Chinese customers via the Wallet App baked into HydrogenOS. Once the customers define it as the default payment system, they can double-press the power button to activate it. OnePlus Pay is compatible with POS (Point-of-Sale) machines and the company announced it’s faster than WeChat and AliPay thanks to optimizations while scanning codes.

    From China to the world - or India for now

    The big news now is that OnePlus is seemingly getting ready to bring OnePlus Pay to a market outside China. Namely, the Indian market. As you can see here, Mukul Sharma discovered that the company filed the trademark for the service in said market. The file reveals that the application was submitted March 30.

    As always, this should not be seen as an official confirmation for now, but as a sign of intention. We still don’t know when the official launch is going to happen and the application itself doesn’t reveal any additional details. If the original launch is mimicked, however, you can expect it to launch first in beta, gradually reaching a wider audience.

    Does it make sense?

    The global markets already have services like Apple Pay, Samsung Pay and Google Pay, for example. But in India, OnePlus can take advantage of the framework established with the Red Cable Club. More than basic convenience, OnePlus Pay can tap into that, allowing members to get exclusive rewards when something is paid with their service.

    It is not known if that’s going to be the case, but it can be an effective way of luring customers to that side of the ecosystem. With so many paying fans in India, with a constant push to win their loyalty, this can be seen as the continuation of that incessant push to not only have market share but to make those who pay for the hardware stay for the tightly knitted services.

    It’s all about that OnePlus Life

    Sharma didn’t discover just a patent for OnePlus Pay. With even less information available, OnePlus also filed the trademark for OnePlus Life in India. Same date, March 30, but we don’t know what it can be. The word “Life” can allude to what was mentioned in the previous paragraphs: a way of obtaining and maintaining those who pay associated with the brand. It seems that loyalty is a lifestyle - or at least a bubble where you breathe “OnePlus Air”.

    Are you interested?

    According to this article published in January 2021, the more popular Digital Wallets in India have millions and millions of installs on the Google Play Store - Tez, now known as Google Pay, has more than 100 million installs - so it won’t be easy to be crowned as king, but perhaps OnePlus doesn’t need to win outside their own realm: a software-commodity to those who already paid for the physical, pocketable machines.

    Naturally, the intent of this thread is not only to pass along the news but to ask you: are you interested in trying OnePlus Pay when it arrives to your market - be it India or any other?

    And a sub-question: what do you expect from a service like OnePlus Pay? If you are already using a digital payment system, what does the new kid on the block need to do to make you change course?

    It can be the beginning of something big, yet another new face of OnePlus, a company that’s clearly realizing that services are a nice, effective way to keep a continuous source of revenue. This is true for other brands, but when you have devices that prevent users from upgrading yearly, the cash flow needs to be shifted.
     

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  2. SRD.
    Lollipop Apr 6, 2021 at 3:56 PM


    #2
  3. McJader
    Lollipop Apr 6, 2021 at 4:03 PM

    McJader , Apr 6, 2021 at 4:03 PM :
    No.:p
    Just a FYI, Google Pay in India is not a digital wallet, instead it is linked to the back account through a service called UPI, which is a very popular method of payment in India. More information about UPI can be found here
    Correction:
     
    Last edited: Apr 6, 2021 at 5:14 PM

    #3
    Varyan, Cheetosdust, the_o2 and 3 others like this.
  4. sfomin
    Nougat Apr 6, 2021 at 4:04 PM

    sfomin , Apr 6, 2021 at 4:04 PM :
    not sure i would trust oneplus with this ;)

    the best out there is still samsung pay. works in more places, doesnt require NFC.
     

    #4
  5. sumitMZ007
    Jelly Bean Apr 6, 2021 at 4:05 PM

    sumitMZ007 , via OnePlus 6 , Apr 6, 2021 at 4:05 PM :
    That would be cool since in india major player are Google pay, Paytm,phone pay .
    google pay is good but instead of refining the app they put lots of effort in Google go games which sometimes crashes the server! Paytm is easy to use but provides lots of ads in their app! Phone pay is also good but it's ui is so sophisticated!
     

    #5
  6. Bobbie63
    Marshmallow Apr 6, 2021 at 4:18 PM

    Bobbie63 , Apr 6, 2021 at 4:18 PM :
    Shouldn’t loyalty be deserved? Going around the forums, there are some other areas which need improvement first I think.
     

    #6
  7. Bobbie63
    Marshmallow Apr 6, 2021 at 4:19 PM

    Bobbie63 , Apr 6, 2021 at 4:19 PM :
    One downside, you need a Samsung for that.:rolleyes:
     

    #7
  8. sfomin
    Nougat Apr 6, 2021 at 4:20 PM


    #8
    Cheetosdust, SRD., SJBoss and 2 others like this.
  9. DarshanMeniya
    Jelly Bean Apr 6, 2021 at 4:23 PM

    DarshanMeniya , Apr 6, 2021 at 4:23 PM :
    To be honest they need to improve oxygen os 11 and they should do some invention in software department and they should bring new user interface. OnePlus Pay is also welcomable initiative but rather than bringing new way they should improve their existing way/department.

    Thank you & Never Settle
     

    #9
  10. M1599701174388
    Cupcake Apr 6, 2021 at 4:23 PM

  11. Bobbie63
    Marshmallow Apr 6, 2021 at 4:26 PM


    #11
  12. YRJ
    The Lab - OnePlus 7T Reviewer; Community Hero 2020 Apr 6, 2021 at 4:31 PM

    YRJ , Apr 6, 2021 at 4:31 PM :
    Online payments have gotten extremely popular in India over the past two years. If I had to simply open up the sales accounts of the store, cash payments amount to less than 5% of the total transactions when compared to the transactions from 2018 and earlier. While a cashless society is still a pipe dream for now, we have achieved what people like to call a less-cash society.

    Online payments are also a very compelling option for buyers, all thanks to services like Google Pay, Paytm and PhonePe. These three companies are responsible for bringing a revolution in a society where online payments were a taboo. They helped bust myths and proved that these are a lot safer and hassle-free, all while incentivising users.

    It takes a lot of time to build trust and that's an area in which OnePlus will have to work. Moreover, with the competition being the current favorites/first choice of users, it is going to be an even bigger challenge. Let's see how it works out.

    Good read @Cheetosdust :cool:
     

    #12
  13. sfomin
    Nougat Apr 6, 2021 at 4:34 PM


    #13
    the_o2, SRD. and Bobbie63 like this.
  14. Tobikage
    Nougat Apr 6, 2021 at 4:35 PM

    Tobikage , Apr 6, 2021 at 4:35 PM :
    You have seen some of the people just here on the forum right ? People are stupid af.
     

    #14
  15. YRJ
    The Lab - OnePlus 7T Reviewer; Community Hero 2020 Apr 6, 2021 at 4:38 PM

    YRJ , Apr 6, 2021 at 4:38 PM :
    Not just here. Almost everywhere. :laughing:
     

    #15
    Drasm19, G_plusone, Tobikage and 2 others like this.
  16. swapnilshahh
    Gingerbread Apr 6, 2021 at 4:42 PM

    swapnilshahh , via OnePlus 5 , Apr 6, 2021 at 4:42 PM :
    I think unless and until OnePlus provides real cashback it wont be popular. If they are giving some coupons for other brands on purchase or some coins in red cable or some discounts on next purchase from oneplus it wont work.
     

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  17. Bouncer71
    OnePlus 7 Pro Sample Shot Photographer Community Expert Apr 6, 2021 at 4:45 PM

    Bouncer71 , Apr 6, 2021 at 4:45 PM :
    Nope, not interested..

    Use G-Pay with my Credit cards..
    Each Contactless payment with the gold card gets me 0.1€ cashback, Max 60€/year...

    If OnePlus gives me 0.2€ per payment, 120€ max/Year I might get thinking..😉
     

    #17
  18. manojsurya99
    Jelly Bean Apr 6, 2021 at 4:58 PM

    manojsurya99 , Apr 6, 2021 at 4:58 PM :
    Not really easy to Penetrate into markets like India.. security concerns.. nonetheless, I really wish OnePlus Pay a humongous success in India..
     

    #18
    Shubham_Ag., Cheetosdust and SRD. like this.
  19. BiswajitB
    Gingerbread Apr 6, 2021 at 5:02 PM


    #19
  20. AlienEye
    OnePlus Accessory Tester Apr 6, 2021 at 5:09 PM

    AlienEye , Apr 6, 2021 at 5:09 PM :
    Actually it is a digital wallet now. The new revamped Google pay supports cards(both credit and debit) and uses NFC for contactless payments. I've been using it for nearly 2 months.
     

    #20