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April 4, 2017

WhatsApp reportedly working on bringing UPI Base Payment Services in India

By The Mobile 360 3 549 Views

Facebook owned WhatsApp Messenger is planning to launch its own Digital Payment Service using the peer-to-peer Payment transaction in India. the company has already posted an advertisement to hire a Digital Transactions, lead in the region with a technical and financial background and understands Unified Payments Interface (UPI) which is advanced version of Immediate Payment Service(IMPS) platform designed for transferring funds and BHIM (Bharat Interface for Money) Mobile App which is developed by National Payments Corporation of India (NPCI) based on the Unified Payment Interface (UPI) that enable money transfers and merchant payments using mobile numbers.

 

WhatsApp is the world’s fastest growing communication company with over 1 billion active users globally. We help bring friends, families, communities, soccer groups, doctors, storm chasers, and millions of others together. We are just getting started. We are looking for the best individuals to grow and support this incredible community of users. WhatsApp has been ranked as one of the Top 25 Most downloaded apps in over 100 countries on the App Store and has received over 1 Billion installs on Google Play. We are looking for proactive and motivated people to join our team. A WhatsApp user with a passion for the product and ensuring a good user experience – those who constantly look for solutions to problems and evaluate ways to be more efficient and effective. We are a team that thrives on people identifying ways they can contribute to get the job done, and how their unique backgrounds and strengths can contribute to team goals. Using your start-up mindset and your experience with smartphones, you will help support and test awesome features used by millions of current WhatsApp users. If you are looking for a fun full time job, have an Android, iPhone, Windows Phone or other smartphone, and consider yourself a smartphone gadget geek, keep on reading

 

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WhatsApp Messenger has a wide user base of one billion active users worldwide and with the company’s Digital Payment Service it will only get a boost. thus, adding another feather to their cap in the process. the WhatsApp Digital Payment service is expected to launched for users with-in the next six months.

 

WhatsApp spokesman stated that “India is an important country for WhatsApp, and we’re understanding how we can contribute more to the vision of Digital India, referring to a flagship government programme that aims to boost the use of Internet-based services in the country. We’re exploring how we might work with companies that share this vision and continuing to listen closely to feedback from our users.”

 

The company’s spokeman neither denied or accepted it but the feature will be welcomed addition looking at the 200 million user base which it holds in India. After the demonetisation, the Indian Government has taken several initial to promote digital transactions which will be instrumental in reducing tax avoidance, migration of government payments and collections to cashless mode shifting payment ecosystem from cash dominated to cashless payments.

 

Earlier this year, WhatsApp Co-Founder Brian Acton was on a tour of India with the goal to gather insights that how WhatsApp can contribute to Digital India in a more prominent way. on his tour he even met the country’s union minister for electronics and information technology Ravi Shankar Prasad and discussed the ways in which the company can contribute to India’s vision for digital commerce

 

After the meeting, Acton stated that “India is a very important country to us, and we’re proud to have 200 million people who use WhatsApp to connect with their friends, family and communities. We build every WhatsApp feature to be simple, reliable, and secure, and this vision is in line with what Digital India promises to achieve. We talked about things like civic engagement using digital services to pursue democratic process. We talked about commercial messaging, digital payments, and continuing digitisation of India and bringing digital technologies to the rural and poor areas of India.”

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