The Instant Messenger giant WhatsApp is set to roll out an update that allow users send money in India, the peer to peer payments feature is expected to start kicking in any time soon, and like most business oriented Company would do, the update will first be hitting its largest market base with over 200 million active users
You might be wondering why India, WhatsApp in a statement revealed to TechCrunch, that the country not only does it house its largest users, but also is an important country for the company
According to Whatsapp: “India is an important country for WhatsApp, and we’re understanding how we can contribute more to the vision of Digital India. We’re exploring how we might work with companies that share this vision and continuing to listen closely to feedback from our users”
Recalled sometimes In Februray, It paid a visit to India, and as well held a meeting with the country’s IT Minister, WhatsApp co-founder Brian Acton admitted that the company was “in the early stages” of looking into the possibility of incorporating payment services into its platform
Although, the peer to peer update release date is yet to be announced, but an India-based subscription media company, The Ken, It confirmed a cross-bank payment system supported by the Indian government will soon be adopted by WhatsApp, Which in turn will allow users make payments between themselves for the next six months
If you have been following, you’ll remember it has been adding various updates to its platform, one of which recently added was ” Stories Status ” , a complete Snapchat clone feature, that was replicated on both WhatsApp and Facebook, well. the user-to-user payments option will no doubt add more value to the world’s most popular IM platform..