Business Standard

WhatsApp Pay being tested in India, but have no timeframe: Mark Zuckerberg

Once launched, Facebook's WhatsApp Pay would directly compete with players such as Alphabet's Google Pay, Walmart owned PhonePe, Amazon Pay and Alibaba-backed Paytm in India

Mark Zuckerberg
Premium

Mark Zuckerberg

Peerzada AbrarNeha Alawadhi Bengaluru/NewDelhi
Facebook is betting big on the growth of digital payments in India and is in the process of a full-fledged launch of WhatsApp Pay soon. The move would put the Menlo Park, California-based social media giant in direct competition with players like Alphabet’s Google Pay, Walmart owned PhonePe, Amazon Pay and Alibaba-backed Paytm which are already locked in a fierce battle to dominate the digital payments space in the country.

“What we're going to end up seeing is building out payments, which is going to end up being something that we do country by country. We have a test that

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in