The company, which entered the e-commerce sector with the WhatsApp Business application, started to test the payment service in India for the first time. WhatsApp Pay, which started with the closed Beta process in 2018, to 40 million users to reach From the National Payments Corporation of India (NPCI) reported that it was approved.
WhatsApp Pay, which was activated for Indian users in 2020, is now also used in Brazil. in January 2021 810 thousand Announcing that the transaction was carried out, the company started working to increase the number of users.
New feature from WhatsApp to Android users!
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WhatsApp Pay to serve 40 million users in India
Unified Payments Interface (UPI) WhatsApp Pay, built on the platform, was limited to 20 million users until last month. The company, whose NPCI application has been approved, will now be able to serve 40 million users with WhatsApp Pay.
The company, which applied for the complete removal of the user limit, has not yet received a positive response. The company, which is stated to be able to serve up to 40 million people, has a total 500 million users owner.
users only to 8 percent Facebook, which can provide WhatsApp Pay service, wants to increase competition with Google Pay and Paytm. Considering that digital payment systems are very popular, it is stated that the company can increase its market share quickly.
It is estimated that the company will activate the WhatsApp Pay service in different countries in 2022. The company, which has made agreements with a total of 160 banks in India, continues to work to expand its payment network.