WhatsApp Payments Hub to Be Set in London : Report

WhatsApp Payments Hub to Be Set in London by Facebook: Report, WhatsApp said to hire nearly 100 people in London to focus on the digital payments service

By Tech Hunt

WhatsApp Payments Hub to Be Set in London : Report

 

Before it launches WhatsApp Pay in India, Facebook has allegedly selected London as a base for the worldwide roll-out of its digital payments service on the mobile messaging platform.

According to a report in the Financial Times on Wednesday, WhatsApp would hire almost 100 individuals in London to concentrate on the electronic payments agency and additional operations personnel would be hired in Dublin.

WhatsApp has 1.5 billion consumers worldwide, including over 300 million in India.

 

The new highly-skilled technical technology staff would assemble a payments function as well as products that concentrate on safety and spam on the app, the report said.

“WhatsApp is really a global service and these teams will help us provide WhatsApp payments along with other fantastic features for our customers everywhere,” Matthew Idema, WhatsApp’s Chief Operating Officer, was quoted as saying.

WhatsApp has nearly 400 employees worldwide.

 

Facebook CEO Mark Zuckerberg declared on April 24 that the company is actively working on to launch WhatsApp Pay in India.


“We’ve got a test that is operating in India for WhatsApp today, we’re hoping to start in a lot of different nations sooner or later, but I don’t wish to put a time on that here, but it’s something that we’re actively working on,” he said during an earnings call with analysts.


Almost one million people tested WhatsApp Pay in India to send money to each other in a simple and safe manner.


The organization on May 3 advised the Supreme Court that it might comply with the Reserve Bank of India’s (RBI) data localisation criteria before launch the full payments agency in the nation.

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