Whatsapp Launches Payment App in India

Bengaluru Feb 10: Whatsapp has today launched its payment services app in India.The beta app has been released to some users, sparking social media chatter. Sources said that the app would be released to all users after the testing would be completed and the company has selected few accounts on a trial basis.Facebook-owned Whatsapp has developed the app in partnership with the National Payments Corporation of India, the umbrella body for digital payments. People have said that " peer-to-peer payments through the Unified Payments Interface (UPI) infrastructure. Payments shows up in the options for attachments in the chat window."Experts have said that the newly launched app has potential to transform the economy in a huge way as there are more number of people using WhatsApp.