Facebook is excited with the development of digital payments in India and is actively working for launching Whatsapp Pay feature. Chief Executive Officer Mark Zuckerberg said these things: Talking to analysts, Zuckerberg said that the company is making a payments system for the global market.
Facebook Actively testing on Launching WhatsApp Pay
Mark Zuckerberg said we are currently testing it in India. We are hoping to launch it together in many other countries. Although currently it can not be decided its launching deadline, it is something we are actively working on it.
Challenges for WhatsApp Pay
Whatsapp is not being launched due to the demand to store data at the local level in India, while its successful beta test was conducted with 10 million users last year.
Zuckerberg said you shop on Instagram and Facebook, you have a marketplace and there are millions of small businessmen on this platform, who use the page and others.
They use Instagram to share their inventory and people even pay for that too. He said, when you use the messaging service, everything is very personal. It is an easy place to interact with businesses and is a private place for transactions.