WhatsApp reportedly bringing UPI based Digital Payment System to its app in India
Last updated July 13, 2021
WhatsApp, the Facebook-owned messaging app has decided to launch a person to person payment system which is more likely to be powered with the Unified Payments Interface (UPI). It is expected to launch within Six months in India as reported on Tuesday by the news website The Ken. This will be the first global foray into digital payments.
Whatsapp is the top most leading messaging service compared to Telegram, Facebook Messenger and an Indian messaging app like Hike. Now WhatsApp is ready to compete for the payment app in India.
Interestingly, WhatsApp states that the Digital Transaction lead should have the ability to understand and explain UPI and BHIM.
Recently co-founder Brian Acton's visit India in February, where he hinted that the company was looking into how it can incorporate payment services.
Actually, the Digital India programme launched by Indian Prime Minister Narendra Modi as per as term come true early. WhatsApp will be the most popular app in India so try to contribute our vision to the programme.
The spokesperson asking about the UPI integration said that "We are exploring how we might work with companies that share this vision and continuing to listen closely to feedback from our users,”. And the co-founder has confirmed to working this payment plan to the Indian government.
WhatsApp's payment plan will be beneficial for the company and also people in digital payment, the company has expected the user base around 200 million in India. We are waiting for six months to use this service.
Related
Most Popular
Most Popular