Meta Plans to Expand Its WhatsApp Payment Service to India
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Meta Platforms Inc. is expanding its WhatsApp payment feature to India, letting users in the country purchase goods and services directly from local businesses via chat.The move, which follows the launch of the service in Brazil and Singapore, taps a market with more than 400 million WhatsApp users. Chief Executive Officer Mark Zuckerberg announced the plan during an event in Mumbai on Wednesday. “I am excited to announce that we are bringing this service to India,” he said in prepared remarks. “This is going to make it even easier for people to pay Indian businesses within a WhatsApp chat using whatever method they prefer.” Meta, which acquired WhatsApp in 2014 for $19 billion, has been trying to generate more revenue by charging businesses for some premium features. The new pay...