WhatsApp will allow payment and sending of money between users
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In recent months, people have been talking about the economic future of the WhatsApp messaging application. And it is that not everything is resolved with its purchase by Facebook. After conquering the world, it's time to get a good slice of it and make it profitable. This is where his professional side, rumored for several months, comes into play. However, different information now points to the use of WhatsApp as a payment platform between users Will the most widely used messaging application in the world turn towards banking? Sending money via WhatsApp is about to become a reality in India.
The information comes from The Ken, an Indian medium, where it is stated that WhatsApp would begin to carry out this project in the next six monthsAccording to the source from that country, WhatsApp would be working with UPI, a banking platform created by the government and that facilitates payments between the different banks in the country. All this so that the transfer of money between users is comfortable and on a platform that reaches the majority of the Indian population.
More chats than credit cards
According to TechCrunch, credit card penetration is very low among the population of India. However, WhatsApp is present at all levels of your society. There would already be 200 million active users in India This would solve some access problems for sending money or payments between users.And Facebook could look for the formula to make profitable the payment made in February 2014 by WhatsApp. Sending money via WhatsApp would thus benefit both parties.
Apparently not the first indication of this strategy in India. One of the creators of WhatsApp, Brian Acton, already visited the country accompanied by the Prime Minister last February. And he went so far as to declare that the company was in the first steps of the negotiation to establish a payment system between users Now the information that transcends affirms that this function will be available in the next half year. Thus, WhatsApp will be the application to communicate and pay between users in India. Whether or not it will reach the rest of the world is a question that still cannot be resolved.
That's right, WhatsApp also continues to work on its professional side, with chat tools to establish contact with companies and services. Something coming soon.
