Home-grown messaging platform Hike Messenger on Tuesday updated its app to Hike 5.0 that comes with a wallet, supporting fund transfers through Unified Payments Interface (UPI). 

With Hike Wallet users can also recharge their phones and pay postpaid bills right from inside the app. 

"Hike 5.0 is the biggest update we have released in the history of Hike. We have worked closely with over 100 of our top hikers to build 5.0," Kavin Bharti Mittal, CEO Hike Messenger, told reporters here. 

The messaging app has also introduced "Blue Packets" which is an envelope that users can insert money into and send to their friends. 

A "Blue Packet" can be sent to an individual or even a group of friends and users can select how many people in the group should get it. It works on a first come first serve basis and when sent, expires within 24 hours. 

The new update features multiple themes, a "Magic Selfie" feature that uses machine learning techniques and has brought back "Timeline" in its original form, reducing the app size to 25MB. 

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