WhatsApp developing native payment system – starting in India

After the recent talk of Facebook taking steps towards developing a cryptocurrency, the rumors were confirmed with the news that its messaging subsidiary, WhatsApp, is looking to create a new digital payments system.
It was reported that Facebook is working on creating a cryptocurrency that will allow users to transfer money on its WhatsApp, which operates under Facebook’s umbrella. The initial focus is on the remittance market in India, where there are over 200 million users. According to