Payments News

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Companies

Almost 1 Million People ‘Testing’ WhatsApp Payments Service In India

June 18 2018

“The spokesperson added that WhatsApp is working closely with the Indian government, National Payments Corporation of India (NPCI) and multiple banks, including payment service providers, to expand the feature to more people and support India’s digital economy. WhatsApp had received permission from NPCI to tie up with banks to facilitate financial transactions via Unified Payments […]
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Companies

WhatsApp Is Getting Set To Be Africa’s Biggest Payments And Ad Platform

June 28 2018

“WhatsApp’s competitive advantage is in emerging markets, where its service almost always works, regardless of internet speed or available bandwidth. It’s the world’s No.1 messaging service, thanks to users from Latin America to Africa and most of Asia outside China. In these regions, there’s intense interest from local businesses that want to see WhatsApp commercialize—they […]
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Companies

Facebook Faces Delay To WhatsApp Payments In India

July 20 2018

“India’s government is holding up Facebook Inc.’s plans for a nationwide launch of its WhatsApp payments service over concerns about how users’ data will be stored and other issues, according to people familiar with the matter. The country’s Ministry of Electronics and Information Technology, or MEITY, has asked WhatsApp and its partner banks to supply more […]
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