FB to hasten WhatsApp payment push in India


New service: A poster advertising Facebook’s campaign is seen in Bangalore. Facebook was aiming for a full rollout of WhatsApp payment services with four partners in India but decided to go ahead with just three. — AFP

MUMBAI: Facebook Inc is set to offer its WhatsApp payment services to the whole of India as early as next week in an attempt to win market share, even though its partners aren’t all ready, said people familiar with the matter.

The messaging app would partner HDFC Bank Ltd, ICICI Bank Ltd and Axis Bank Ltd to process the transfers, and State Bank of India would join once it has the necessary systems in place, the people said.

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