WhatsApp may launch its own payment system

07 April 2017
Surely many people have already tried out the money-transfer option implemented in Facebook, VKontakte, or Odnoklassniki. It allows not only to simplify the implementation of transactions for the purchase or sale of certain items, including through advertisements, but also to provide financial assistance to loved ones. It seems that one of the most popular messengers - WhatsApp - may soon get a similar function.If we believe the rumors, WhatsApp's own payment system will be launched first in India. This information is confirmed by the fact that the company's website recently posted a vacancy for a specialist in digital transactions. At the same time, the applicant must have skills in Unified Payments Interface (UPI), Bharat Interface for Money (BHIM) and Aadhaar services, as well as knowledge of the two state languages of India - English and Hindi. It is also known that the new payment system will be launched under the government program "Digital India". It is expected that with the help of innovation, the opportunity to transfer money will receive no less than 200 million users, which is the size of the audience messenger in India. It is worth adding that the payment system will work on the principle of P2P and based on UPI. Unfortunately, there is no more detailed information, just as there is no data on the possible entry of the service into the global market.