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India-focused mobile messaging service Hike landed funding from Tencent last year, and today it took a major step to emulating the Chinese firm’s WeChat app with the introduction of mobile payments.

CCAvenue, a decade-old company which offers payment services to e-commerce businesses has decided to do away with its installation fee and software upgradation fee for the first year for Indian startups. Earlier there was a one time installation fee of Rs. 7,500 and software upgradation fee of Rs. 1,200 charged to all the e-commerce firms.