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