WhatsApp payments system is reportedly launching

id="article-body" class="row" section="article-body"> WhatsApp Pay could launch soon.

samsung galaxy a20 antutuAngela Lang/CNET WhatsApp is launching a payments system later this year, starting in India. Will Cathcart, the Facebook subsidiary's global head, specs said Wednesday the company has been testing its payments in India since last year, according to Business Today.

The messaging app has 400 million users in India and 1.5 billion globally, the report says, with the payments announcement coming as Facebook begins its play into cryptocurrency. Facebook last month unveiled the global digital coin, which will be managed by a governing body called the Libra Association and through a wallet service named Calibra. Libra is intended to be used to purchase products, send money internationally and make donations -- but it cannot launch in India, where cryptocurrency is essentially banned.

Now playing: Watch this: Facebook's a giant, but its supporters don't think it... 2:15 "We're excited to have launched a successful pilot of WhatsApp Payments on the UPI standard, and we are looking forward to expanding it," Cathcart told CNET in an email. "WhatsApp Payments will make it as easy to pay someone on WhatsApp as it is to send a message."

The company is looking to launch WhatsApp Pay in other international markets, Business Today said. According to that report, WhatsApp last year said it had developed a payments data storing system that complied with the Reserve Bank of India's policies.

First published at 2:45 p.m. PT on July 25.
Updated on July 30 at 1:17 p.m. PT: adds statement from WhatsApp.

WhatsApp on CNET

BlackBerry Messenger is dead: huawei 4e antutu benchmark honor 20 lite specs Use these apps instead

Facebook at F8 says WhatsApp to get shopping catalogs

WhatsApp Business launches for iOS, promising help for small businesses

WhatsApp's new privacy setting lets you block unwanted group adds
iOS 13 comes with new Siri voice, HTC Desire 19+ specs dark mode, privacy features: All the new software Apple will soon deliver to your iPhone.

We tested 5G speeds in 13 cities. Here's what we found: Faster speed versus more coverage. That's the most important issue for Samsung Galaxy Note 10 Plus specs a40 specs 5G networks today.

samsung galaxy a20 antutuShare your voice
Comments Tags
Mobile Mobile Apps Phones E-commerce Facebook WhatsApp
17.09.2019 23:55:27
juliane.yun
Name
Email
Comment
Or visit this link or this one