WhatsApp has announced it will launch an in-app payment service later this year, with the service to initially be rolled out in India, according to ZDNet.
The Facebook-owned app told ZDNet that a pilot trial of the payments service is already underway, with the goal of the new service being to make payments as easy as sending a message.
“Payments services are critical to accelerating financial inclusion and bringing millions more people into India’s fast-growing digital economy. We can’t wait to provide this service to our users across India this year,” Will Cathcart, global head of WhatsApp said.
The Whatsapp payment service comes weeks after Facebook announced its intention to launch a cryptocurrency dubbed Libra which has so far received cautious feedback largely from regulators and lawmakers.
Whatsapp has 1.5 billion users, 400 million in India, where it also tested and rolled out the ‘forwarded’ icon to counter fake messages.