Facebook, bought WhatsApp in 2014 for around £15billion.
Now Facebook’s big plan is to allow for mobile payments on WhatsApp.
The feature is currently being tested in India, but could eventually make it to the UK
WhatsApp Pay has been in testing in India since last year.
But now Facebook said it is preparing to launch the feature fully in the country – serving all 400million users locally.
“It’s a regulatory approval question in India at this point,” Mark Zuckerberg said this week.
He also gave hope for a UK launch, adding: “We’re also working beyond India in a number of other countries and hope to have this rolled out to a large percent of the people who use WhatsApp within the next year.”
The bad news is that Zuckerberg hasn’t confirmed whether the UK will be part of the line-up of countries getting WhatsApp Pay – but it seems likely.
In a statement given to The Sun, WhatsApp global head Will Cathcart said: “We’re excited to have launched a successful pilot of WhatsApp Payments on the UPI standard, and we are looking forward to expanding it.
“WhatsApp Payments will make it as easy to pay someone on WhatsApp as it is to send a message.
“Payments services are critical to accelerating financial inclusion and bringing millions more people into India’s fast-growing digital economy.
“We can’t wait to provide this service to our users across India this year.”
It’s also likely that WhatsApp will market the payment service heavily on security.
That’s because WhatsApp is a fully encrypted chat app – scrambling your messages so that only the recipient can read them.
WhatsApp will be keen to make sure that WhatsApp Pay is watertight in terms of privacy – though details are light for now.
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