WhatsApp began testing its payments feature in India back in 2018. Now, the Facebook-owned company is rolling out this feature to more users on the subcontinent. The messaging service-provider announced that it will be releasing the payments feature in ten regional languages in the country.
The announcement came soon after the National Payments Corporation of India (NPCI) announced that it had granted approval to WhatsApp to roll out the payments feature in the country. The users can now avail the feature by updating their WhatsApp app on their Android and iOS phones.
“Payments is available now in 10 Indian regional language versions of WhatsApp. All you need is a debit card with a bank that supports UPI and you can set it up straight away. You can find it in the latest version of WhatsApp,” Mark Zuckerberg, CEO at Facebook, said in a statement.
India has a somewhat crowded market when it comes to payment services which are offered via the UPI network in the country. Paytm, PhonePe and Google Pay are among India's largest players in the payments scene. But the rollout of the payments feature on WhatsApp is bound to be disruptive as the app is used by over 400 million users in the Southeast Asian country.
Earlier in June this year, Brazil became the first country where WhatsApp rolled out the payment service.
Foxconn, Vedanta to invest $19.5B in Indian state for chip project
LG Electronics introduces NFT platform that allows users to buy and sell digital artwork
New Indian airline firm exposes sensitive data of thousands of customers
Indian cosmetics firm Nykaa’s profit jumps on strong fashion demand
Indian edtech startup Unacademy cuts founders’ salaries and free meals for staff
© 2022 CIO Bulletin. All rights reserved.