india mobile payments Archives

QR code tickets via WhatsApp launch on Bengaluru train lines

11/02/202211/01/2022 John Montgallo

The Indian city is now letting riders use the messaging app to purchase their fare and travel passes. WhatsApp using travelers in the Indian city of Bengaluru will now be able to use the application to scan and purchase QR code tickets and make travel pass refills to ride the train. The Meta-owned messaging app announced the new service, describing it as a first ever for the application. According to Meta’s news release announcing the QR code tickets, it is a “first-ever” service for its WhatsApp. The application and the…

Google Pay in India tests NFC based payment technology

09/15/202009/12/2020 Sam Lambert

Google Pay in India - person using Google Pay

The mobile payments platform is using credit and debit cards to trial the tech in the country. Google Pay in India has launched a new pilot for a near field communication (NFC) based feature to be used to complete contactless payments. The idea is to use enabled debit and credit cards to test NFC before rolling out wider mobile tap. NFC would make it possible for Google Pay in India to provide contactless or tap payments across the country. Considering that there are over a billion people in that market,…

Facebook payments to come to WhatsApp in the future

03/19/201903/15/2019 Jennifer Goula

The social media giant is reportedly seeking to enter the mobile payments space with its own cryptocurrency. Facebook payments may be around in the not too distant future. The social networking company is jumping on the cryptocurrency bandwagon and is reportedly developing its own digital currency called Facebook Coin. The company’s supposed goal, reports CNBC, is to allow users of its cryptocurrency to transfer money through WhatsApp. Facebook’s move would mimic China’s popular WeChat Pay. The Facebook Coin, which would be attached to the US dollar, and would allow users…

Nearly one million people in India are testing WhatsApp payments

01/04/201901/04/2019 Sam Lambert

WhatsApp Payments Service - WhatsApp App

India is WhatsApp’s biggest market. With 210 million monthly WhatsApp users, India is clearly WhatsApp’s biggest market. Still, in spite of the Facebook messaging app’s so far successful test of WhatsApp payments service in the country, the digital payments system has yet to become a nationwide service. WhatsApp began testing its payments service back in February of last year. Since WhatsApp payments began testing in February 2018, the service has processed about a million transactions per month. This is according to people close to the National Payments Corporation of India…

India mobile payments take off as large bank notes disappear

11/23/201611/21/2016 Julie Campbell

The country recently shocked its citizens by getting rid of its largest paper currency, causing a cash crunch. As the country scrambles in a massive cash reduction, India mobile payments are taking off as an alternative. Mobile wallets have received an almost instant shot in the arm with the surprise notice of the disappearing bank notes. Some mobile payment providers have already reported record breaking numbers over the last few days. Paytm, for instance, the largest India mobile payments firm, reported more than seven million transactions on Saturday alone. This…