Mark Zuckerberg plans to launch Whatsapp Pay Globally

Mark Zuckerberg, CEO of the parent company of WhatsApp, said in the presentation to investors that Whatapp pay might get launched globally in the coming few months.

For those who don't know — Whatapp pay is a combination of messenger and a paying system which Facebook combined and have been testing it in India for a year now on almost 1 million users.

Since WhatsApp is widely used in Asia, the Whatapp pay has shown promising results in the test period so far. In fact, it's still in use after the experimental phase is over.

One major factor of Whatapp Pay's success is its simplicity and user-friendliness.

Anyone who has a verified account can use the WhatsApp pay and associate a current account or a credit card to make local and online transactions. It also offers a feature that allows users to exchange money directly between individuals.

Considering the success of Whatapp Pay in the test period, it will get a global launch in the next six months. The launch will include all the countries where Whatapp is popular, like Europe and other south Asian countries.

Also, it's worth mentioning that the Whatapp won't be functional anymore on iOS 7 and Android 2.3.7 from February 1, 2020.

Users of the iPhone 4 and its previous models won't be able to use Whatsapp and also it won't be possible to open the chat history.

The same goes for the android smartphone users who also use WhatsApp and are currently running Android 2.3.7 or its previous versions.

Making a chat backup would be a better idea if the app contains important conversations.

Although it's confirmed that Whatsapp pay will be expanding globally in the coming months, it is very much unclear which countries will be selected first, and what conditions will be required for its implementation.

Photo: Digital Information World.

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