Facebook-owned WhatsApp is finally throwing its hat in the online payment system, starting first with India, its biggest market in the world.
The company is said to be working on a system based on India’s UPI or Unified Payments Interface to allow person to person transactions. The UPI system was borne out of India’s drive towards a cashless digital economy and has been adopted by all the major banks and even some services such as Truecaller.
Facebook currently has a job opening for Digital Transactions Lead, India in Menlo Park, California, with one of the job requirements being…