Whatsapp all Pumped up to Launch its in-app Payment Feature
The Facebook-owned popular messaging application WhatsApp is pumped up to launch its first ever payment service across India making it the first country to support in-app payments. This feature is reported to be introduced as early as next week with an aim to achieve market shares.
The payment feature will enable the country’s population to make payments to anyone on their WhatsApp contact list, as well as receive money through the app. Some of the largest banks in the country - HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. have partnered with the messaging app to make this service available to the people. Also, it is being said that the State Bank of India will join once the necessary systems are in place. It is being informed that the social media giant Facebook was seeking to in...