WhatsApp eyes move into digital payments services

Facebook’s instant messaging app, WhatsApp, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country.

A WhatsApp move into digital payments in India, its biggest market that is home to 200 million of its billion plus global users, would replicate similar moves by messaging apps such as Tencent Holdings’ WeChat in China.

WhatsApp is, reportedly, working to launch person-to-person payments in India in the next six months.