Sandesh Messages WhatsApp Number India

Whatsapp: Investment in India heralds decisive change

  • Facebook plans to invest $ 5.7 billion in an Indian company.
  • The US group wants to use the Indian company's technology to equip WhatsApp with a payment service.
  • Above all, the company wants to compete with paid offers such as Google or Apple Pay.

Facebook on Tuesday announced a $ 5.7 billion investment in Indian telecommunications company Reliance Industries. This is best known through the “JioMar” e-commerce project, which brought more than 388 million people in India to the Internet.

Facebook wants to integrate Jio as a digital payment service into its messenger app Whatsapp. According to its own statements, the group wants to give Jio backing for the project to strengthen small and medium-sized companies in India.

You should definitely change these three settings on Whatsapp

You should definitely change these three settings on Whatsapp

More from the net

  • The profile picture

    External content not available

    Your privacy settings prevent all external content (e.g. graphics or tables) and social networks (e.g. YouTube, Twitter, Facebook, Instagram, etc.) from being loaded and displayed. Settings.

    Nasir Kachroo / NurPhoto via Getty Images

  • "Last online"

    External content not available

    Your privacy settings prevent all external content (e.g. graphics or tables) and social networks (e.g. YouTube, Twitter, Facebook, Instagram, etc.) from being loaded and displayed. Settings.

    Dado Ruvic / Reuters

  • The read receipt

    External content not available

    Your privacy settings prevent all external content (e.g. graphics or tables) and social networks (e.g. YouTube, Twitter, Facebook, Instagram, etc.) from being loaded and displayed. Settings.

    Photo: Martin Gerten

A challenge to Google Pay

According to the “Financial Times”, Facebook wants to make the payment service accessible to all Whatsapp users in India and thus above all to compete with offers such as Google or Apple Pay.

Whatsapp also catches up with one of the world's most widely used messenger apps, WeChat, by integrating a payment service. The Chinese messenger service has been offering its users the payment option for several years. With the app, users can make contactless payments in numerous supermarkets or process orders from the Internet.

“This investment underscores our commitment to India and our enthusiasm for the drastic transformation that Jio has triggered across the country,” Facebook wrote in its official announcement of the investment. "In less than four years, Jio has brought 388 million people online, promoted new forms of business and connected people in new ways."