Axar.az
UP
5 July 2020


WhatsApp in talks to launch mobile payments

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Facebook Inc's messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation's fast-growing e-commerce sector, people familiar with the matter said.

Axar.az reports citing Reuters that Indonesia could become the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from India, its biggest market by users, that has been delayed due to local data storage rules.

But unlike in India where it plans to offer direct peer-to-peer payment services, WhatsApp will simply serve as a platform in Indonesia supporting payments via local digital wallets due to tough licensing regulations.

Date
2019.08.20 / 12:38
Author
Axar.az
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