The Facebook-owned messenger app , WhatsApp has started testing its payment service in India using Facebook. According to an official statement by a WhatsApp spokesperson, messaging app will make use of Facebook’s infrastructure to roll out its payment service.
WhatsApp Payments also offers UPI-based transactions. The company is in discussions with ICICI Bank to offer mobile payments through NPCI’s UPI. It may also partner with Axis Bank, HDFC Bank and State Bank of India for payments in India.
“We have permission from NPCI (National Payments Corporation of India) and our bank partners to use Facebook as a service provider. WhatsApp is using Facebook payment infrastructure to enable the payments feature. Facebook does not use WhatsApp payment information for commercial purposes, it simply helps pass the necessary payment information to the PSPs,” added the WhatsApp spokesperson.