Business Standard

Monday, December 23, 2024 | 11:23 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

WhatsApp will roll out payments service in India this year: Will Cathcart

He said that after increasing its business usage, especially with small entrepreneurs, the next step was "to provide payments to all of our users"

WhatsApp
Premium

Neha Alawadhi New Delhi
Popular messaging platform WhatsApp, which has around 400 million users in India, on Thursday said the company would roll out its payments service later this year. 

Will Cathcart, WhatsApp’s global head, said that after increasing its business usage, especially with small entrepreneurs, the next step was “to provide payments to all of our users”. 

Payments through WhatsApp were introduced to a test group of a million users in February last year. The service is based on the Unified Payments Interface standard, which has been developed by the National Payments Corporation of India. “The idea is to make it easy for someone to
Topics : whatsapp

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