WhatsApp Pay

WhatsApp Pay is still limited in numbers by NPCI in India but has recently gone live in Brazil.

Users can link their bank account number with their mobile phone number and use the messaging app to transfer money to registered contacts.

The system uses UPI (Unified Payments Interface), a real-time interbank settlement service for mobile transactions.

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Type Wallet
Company behind LPM Facebook
Market share details India is WhatsApp’s largest market with between 350 m and 400 m users. In Brazil 65% of the population use WhatsApp.
Market relevance High

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