DH::Whatsapp mulls foray into digital payments with India launch>>

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Whatsapp mulls foray into digital payments with India launch>>

MUMBAI..2 (Reuters) - Instant messaging app Whatsapp, owned by Facebook Inc, 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 like Tencent Holdings Ltd's WeChat in China.
WhatsApp is working to launch person-to-person payments in India in the next six months, news website The Ken reported earlier on Tuesday, citing unnamed sources.
A job advertisement on Whatsapp's website said it was looking for a candidate with a technical and financial background - who understands India's Unified Payments Interface (UPI) and the BHIM payments app that enable money transfers and merchant payments using mobile numbers - to be its digital transactions lead for the countres
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