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Digital Payments

17

WhatsApp could be ready to launch digital payments in India next month

Thanks to a government-backed platform called UPI (Unified Payment Interface), developers are able to more easily integrate digital payments for India into their apps. Google's Tez uses UPI for bill payments, and social app Truecaller added the functionality in a recent update. The country's most used messaging app shouldn't be too far behind as Facebook-owned WhatsApp could be ready to offer a payment solution based on UPI as early as next month.

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46

Google is readying a new payment service for India called Tez

Android Pay has become a popular method of digital payment since its launch in the US and Europe. It hasn't been launched in India, however, where the mobile payments landscape is a bit different. A government-endorsed platform called UPI (Universal Payments Interface) is widely used in India, with banks, e-commerce sites, and even tech companies like WhatsApp and Truecaller launching payment services based on it, hoping to grab a slice of the lucrative pie. Google is almost ready to enter this crowded space, with the launch rumored to be happening on Monday September 18th.

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