WhatsApp Pay is ready to be launched to support digital inclusion
Facebook CEO Mark Zuckerberg announced the WhatsApp Pay will be rolled out during the coming six months in several countries. The peer-to-peer, UPI-based payments feature was tested in India in 2018 and had one million users which propelled Facebook to expand its WhatsApp Pay. When launched in developing countries, the service is expected to reach over 400 million users enhancing digital inclusion in emerging markets. ‘Having small businesses succeed is not the only key to creating broad economic growth where everyone can support themselves, it’s also important to maintaining healthy communities since small businesses are often where people come together,’ explained Zuckerberg.