Tuesday, 4 April 2017

What's next for WhatsApp? It looks like digital payments

WhatsApp, a messaging platform with over one billion users, is reportedly set to launch person-to-person payments in its largest market soon.

The Facebook-owned firm hopes to get digital transactions off the ground in India in the next six months, according to The Ken (via Reuters). WhatsApp counts 200 million users in the country.

Further backing up the claim is a job posting for a Digital Transactions Lead, India on the WhatsApp website. We've asked WhatsApp about its payment plans, and will update this story if we hear back.

No details on how exactly these exchanges work were revealed, but since Facebook Messenger lets users send virtual cash to one another, it's no surprise WhatsApp is following suit.

While WhatsApp is focused on one region for now, a successful launch could potentially lead to digital payments rolling out to all users. As services look for ways to keep users in their apps for longer, this could be yet one more way WhatsApp convinces folks there's no reason to ever leave.

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from TechRadar: Phone and communications news http://www.techradar.com/news/whats-next-for-whatsapp-it-looks-like-digital-payments

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