Thursday, April 6, 2017

WhatsApp may launch UPI based payment system in India

WhatsApp is planning to enter to mobile payments and is planning to launch peer-to-peer payment system in India. It will be based on Unified Payments Interface (UPI) platform.

All these things looks because of a recent job advertiment one company's web site where it shows it is looking for a candidate with a technical and financial background - who understands India's UPI and the BHIM payments app that enable money transfers and merchant payments using mobile numbers -- to be its digital transactions lead for the country.

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Whatsapp spokesman also said recently, 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.

Recently South Korean tech giant Samsung also launched its mobile payment platform Samsung Pay in India. It is a mobile payment platform similar to Apple Pay. Samsung smartphone users can use it to pay for goods and services, the way they use their credit cards and other payment apps.



I am Supriya, a professional blogger. Follow me in Twitter, Facebook and Google plus for more discussion.