collected by :Andro Alex
WhatsApp may be about to introduce peer-to-peer payments in India, its largest market with over 200 million users. "India is an important country for WhatsApp, and we're understanding how we can contribute more to the vision of Digital India. We're exploring how we might work with companies that share this vision and continuing to listen closely to feedback from our users," WhatsApp told TechCrunch in a statement. WhatsApp said last year it would explore the potential to give "businesses that matter" to its users a presence on its platform. Sweden-based Truecaller, which counts India as its largest market, introduced user-to-user payments last week through a tie-in with ICICI Bank that also utilizes UPI.
as informed in
Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country. WhatsApp is working to launch person-to-person payments in India in the next six months, news website The Ken reported earlier on Tuesday, citing unnamed sources. A WhatsApp move into digital payments in India, its biggest market that is home to 200 million of its billion plus global users, would replicate similar moves by messaging apps like Tencent Holdings Ltd's WeChat in China. Digital transactions in India have surged after Prime Minister Narendra Modi's shock ban of certain high-value bank notes in November that accounted for more than 80 percent of the country's currency in circulation at the time. Just last week, Swedish communications app Truecaller, which has a large user base in India, started a mobile payment service in the country based on the UPI platform.
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WhatsApp may be about to introduce peer-to-peer payments in India, its largest market with over 200 million users. "India is an important country for WhatsApp, and we're understanding how we can contribute more to the vision of Digital India. We're exploring how we might work with companies that share this vision and continuing to listen closely to feedback from our users," WhatsApp told TechCrunch in a statement. WhatsApp said last year it would explore the potential to give "businesses that matter" to its users a presence on its platform. Sweden-based Truecaller, which counts India as its largest market, introduced user-to-user payments last week through a tie-in with ICICI Bank that also utilizes UPI.
as informed in
WhatsApp will reportedly launch peer-to-peer payments in India this year
Last March, Allbirds hit the market with a single product: a wool sneaker that didn't require you to wear socks. The Allbirds design team came up with dozens of prototypes before landing on this one. "There's so little to work with on a flat shoe. Today, the company launches a new wool shoe in a opioid slipper silhouette that it is calling the "Lounger." The brand, which has raised a total of $9.95 million in funding, was a big hit among techies and entrepreneurs.Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country. WhatsApp is working to launch person-to-person payments in India in the next six months, news website The Ken reported earlier on Tuesday, citing unnamed sources. A WhatsApp move into digital payments in India, its biggest market that is home to 200 million of its billion plus global users, would replicate similar moves by messaging apps like Tencent Holdings Ltd's WeChat in China. Digital transactions in India have surged after Prime Minister Narendra Modi's shock ban of certain high-value bank notes in November that accounted for more than 80 percent of the country's currency in circulation at the time. Just last week, Swedish communications app Truecaller, which has a large user base in India, started a mobile payment service in the country based on the UPI platform.
to read more visit us whats app br/>
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