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WhatsApp was launched over ten years ago and has since become a worldwide phenomenon – it is unquestionably the most popular third-party messaging application on the planet.
One of the reasons for the success of this software is surely its set of features that has steadily grown during its tenure on Android and iOS.
Over the last year, many new features have appeared for WhatsApp, including group video and voice calls, support for image in pictures and stickers.
But it seems that the company does not stop there. A new report suggests that a payment system could soon be set up for the email client.
According to Business Today, Will Cathcart, the global head of WhatsApp, said the company was testing a payment system in India and could deploy it at full capacity later this year.
The point of sale insisted that launching a payment system for WhatsApp would challenge users such as Google Pay, which are incredibly popular around the world.
It should be noted that the report indicated that the WhatsApp payment functionality could be limited to India at launch time.
Cathcart reportedly said, "We believe that, if we succeed, it will accelerate financial inclusion and bring value to the people of India's growing digital economy.
"We look forward to providing more services to our users throughout India later this year."
Business Today said the company was considering making sending money to third parties as "easy as sending a message on the platform".
WhatsApp would have developed a system designed to store payment data in accordance with the policies of the Reserve Bank of India.
In 2017, Apple launched Apple Cash, a feature designed to send money to other users in iMessage.
Although the function remains limited in the United States, it is extremely convenient for instant transfers.
The Business Today report suggests that the system claimed by WhatsApp could work similarly.
WhatsApp did not specify when its payment functionality could be launched in India – it is presumed that the tool would debut in other countries after its initial release, but that is not the case. not confirmed.
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