WhatsApp Payments looks to woo banking partners to expand India fintech play
Shortpedia
Content TeamImage Credit: shortpedia
After being approved for a graded rollout in India last month, Facebook-owned messaging platform WhatsApp’s payments application WhatsApp Payments is partnering with banks and financial institutions in the country for a broader rollout. Under the first phase of its India launch, WhatsApp Pay has been allowed to onboard not more than 20 Mn users, a fraction of the company’s 400 Mn users for its messaging app in India.