In his maiden visit to India, WhatsApp global head Will Cathcart has said that the company is eager to launch its payments services in the country.
To be noted, Will Cathcart, VP of WhatsApp, is on a visit to India and has been attending multiple events across Delhi and Mumbai. During his visit, Cathcart was reportedly looking to appraise officials of the Reserve Bank of India and the National Payments Corporation of India on steps taken by the company to meet data localisation norms for its planned payment service.
“We are excited to have launched a successful pilot of WhatsApp payments on the UPI standard and we are looking forward to expanding it. Payments services are critical to accelerating financial inclusion and bringing millions more people into India’s fast-growing digital economy. We can’t wait to provide this service to our users across India this year”, Cathcart said.
At the event in Delhi, he also met NITI Aayog chief Amitabh Kant. Addressing the gathering, Kant said that WhatsApp has been very slow in fulfilling the regulatory commitments required for the launch of WhatsApp Payments in India.
Kant also reiterated that they are looking forward to WhatsApp Payments in the country as India contributes 400 million of its 1.5 billion user base across the world.