0
Wireless

WhatsApp to start payments service in India - report

Wednesday 5 April 2017 | 08:49 CET | News
WhatsApp is preparing to launch a person-to-person payments on its platform within the next six months, four sources with knowledge of the matter told the Indian news service The Ken. The report also cites a job ad for a position at the company's head office in Menlo Park, California, for a digital transactions lead in India, with knowledge of local payment systems UPI, Aadhaar and BHIM. WhatsApp does not have staff in India yet, but is estimated to count around 200 million users in the country.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Alibaba / WhatsApp
Countries: India
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Airtel enables BHIM UPI m-payments at 500,000 merchants

Published 10 Jun 2019 09:28 CET | India
Airtel Payments Bank has announced it has enabled BHIM UPI-based payments at over 500,000 merchant points across India. The ...

Facebook to launch WhatsApp payment service across India next week - report

Published 29 May 2018 21:05 CET | India
Facebook will launch its WhatsApp payment services in India next week. WhatsApp will partner HDFC Bank, ICICI Bank and Axis Bank ...

WhatsApp launches money transfer service in India

Published 19 Feb 2018 09:24 CET | India
WhatsApp has launched a "full feature" inter-bank money transfer service in India. The launch follows a trial period involving a ...

Spain's BBVA offers P2P payments via popular messaging apps

Published 18 May 2017 15:07 CET | Spain
Spanish financial services provider BBVA has announced the launch of two new tools that allow customers to access financial ...

Samsung Pay goes live in India

Published 22 Mar 2017 11:00 CET | India
Samsung Electronics has launched its flagship mobile payments service dubbed 'Samsung Pay' in India. The first commercial ...

Alibaba to invest USD 177 mln in Paytm

Published 03 Mar 2017 12:10 CET | India
Alibaba will invest INR 11.8 billion (approximately USD 177 million) to increase its stake in Paytm's e-commerce unit, The ...

Paytm passes 200 mln m-wallet users milestone in India

Published 02 Mar 2017 08:12 CET | India
Indian mobile wallet company Paytm has announced that 200 million users have registered for its digital wallet service across ...

India cuts USSD charges to boost mobile banking

Published 22 Nov 2016 14:26 CET | India
India's Telecom Regulatory Authority announced a cut in the maximum fee for USSD banking, in an effort to support mobile payment ...

Indian mobile subs spend 45 mins/day on Facebook properties

Published 09 Jun 2016 01:08 CET | India
An Indian mobile phone user spends 144 minutes on average per day on various apps. Facebook emerges as the top mobile publisher ...