WhatsApp payment service in India by next week

Between the growing competition in India regarding digital payments,
there has been news that WhatsApp
owned by Facebook can launch payment service
in India by next week. The people related to
the case have said that even though its
partners are not fully prepared. The list of Partners of this messaging app
includes HDFC Bank, ICICI Bank and Axis Bank.
Also, after all necessary preparations, the name of State Bank of India will also be included in this list. All transfers will be done through these same partners.
According to media reports, on the condition of not making the name public,
a person related to the case told that the goal of Facebook was to have
a full rollout in association with four partners, but in view of the growing
competition in the market, the company, along with three partners, Decided to land.

of the Whitespace Trials trial in February, In India, the entry of the WhatsApp payment is being linked to WeChat, which gave a new look to the payments while moving forward in messaging in China. The pilot version of Whatsapp Pay was launched in February with 10 million users.

More than 200 million people in India use Whatsapp Messaging. This figure is equivalent to 60 percent of the US population and is 20 times more than the active users of PettyMe In the beginning Petty founder Vijay Shekhar Sharma had made contradictory tweets about the service. Then Sharma had said that Facebook ignored the security preparedness.