If you are also waiting for Whatsapp payment service, then your waiting is going to end now. Whatsapp’s payment service will start in India this year. This information was given by Global Heads Will Cathcart of What’sapp at an event on Thursday. Cathtart, who came to India on the tour, said at the event that the company wants to create aspiration as sending money to money transfer, although Cathcart did not provide any information about the launch date of WhatSAPP payment service.
Let us know that Whatsapp has been testing its payment service with 10 million users in India since last year. At present, the number of WhatsApp users in India has increased to 430 million. By the year 2023, the digital payment market in India is expected to reach a trillion dollar war of 6,90 billion rupees.
Significantly, due to the problem of RBI, conditions of payment authentication and data storage, there is a delay in the introduction of Whatsapp payment service in India. Although whatsapps said in the past year, according to the terms of the RBI, the company has prepared a system to store payment related data in India. On the other hand, there has been an overwhelming response to apps such as PETM, PhonePay and Google Pay in digital payment.