Skip to main content

Are WhatsApp and Jio Cooling Off on Payments Partnership?




 

Jio Payments Bank was one of the five initial banking partners enabling 

WhatsApp’s payments feature, but it disappeared from that list


Facebook recently hosted the Facebook Fuel for India 2020 virtual event where 

CEO Mark Zuckerberg showed interest in pushing payments through WhatsApp deeper

 in the country. The social media giant also hosted a special session at the two-day event

 to highlight different use cases of the instant messaging app. However, while naming

 banking partners behind WhatsApp's payments feature, Facebook did not mention 

Jio Payments Bank and instead listed ICICI Bank, HDFC Bank, Axis Bank,

 and the State Bank of India as the four banks powering payments through the app.

Jio Payments Bank was among the five banking partners to enable payments on

 WhatsApp.

 The Facebook-owned company had mentioned the name of the payments bank while

 announcing the launch of its anticipated payments feature . However,

 it omitted Jio Payments Bank from all its announcements during the Facebook fuel . WhatsApp also excluded the bank's name from one of its webpages detailing the service terms of payment service providers (PSPs) enabling payments on its platform.

 Facebook agreed to buy a 10 percent stake in Reliance Industries' Jio Platforms 

for Rs. 43,574 crores. The deal was expected to boost WhatsApp's payments feature by 

leveraging the infrastructure of Jio, and build it as a strong competitor against the likes of

 Google Play 

Labels:

Comments

Post a Comment

Popular posts from this blog

Sunil Gavaskar History

Sunil Manohar Gavaskar   is an Indian cricket commentator and former cricketer representing India and Bombay from the early 1970s to the late 1980s. One of the best opening batsmen in Test cricket history, He set world records during his career for the most Test runs and most Test centuries scored by any batsman. He held the record of 34 Test centuries for almost two decades before it was broken by Sachin Tendulkar . He was the first person to score centuries in both innings of a Test match three times. He was the first Test batsman to score 10,000 Test runs. Gavaskar was admired for his technique against fast bowling, with a high average of 65.45 against the West Indies . most of Gavaskar's centuries against West Indies were against their second string team. Turbulent performances of the team led to multiple exchanges of captaincy between Gavaskar and Kapil Dev, with one of Gavaskar's sackings coming just six months before Kapil led India to victory at the 1983 Cricket World ...
Post a Comment
Read more

WhatsApp will stop working in some phones from 2021

 The messaging app works on Android OS 4.0.3 and newer versions . Apple iPhone devices running IOS 9 and higher will continue receiving services.    Facebook-owned WhatsApp end support on some Android and iOS devices starting January 1, 2021. Android models that will no longer support WhatsApp next year inncluding HTC Desire , LG Optimus Black and Samsung Galaxy S2 . Apple devices up to iPhone 4 will also lose support . The messaging app will work on Android devices running on OS 4.0.3 and newer versions . Apple iPhone devices running iOS 9 and higher will continue receiving services , WhatsApp said in its updated FAQ page. The app will keep running on select phones with KaiOS 2.5.1 and newer versions , including JioPhone and JioPhone2. The California-based app introduced several features this year including disappearing messages , a cloud - hosting suite and 'shopping carts' feature for its Business app.
2 comments
Read more

Features of OnePlus 9 pro leaked? 45 watt wireless charger

The last few weeks we have seen a number of rumours about the OnePlus 9 series with reports hinting at a possible mid-March launch for the smartphones. Reports have suggested that unlike its predecessors, the OnePlus 9 series will bring with itself three new models -- OnePlus 9, OnePlus 9 Pro and OnePlus 9 Lite. Ahead of the launch, a new leak has now emerged about the OnePlus 9 series smartphone. The latest information comes courtesy of tipster, Max Jambor, who has revealed some information about the wireless charging support for the OnePlus 9 devices. As per Jambor, the OnePlus 9 Pro will support up to 45W fast wireless charging support. This will interestingly be an upgrade over the OnePlus 8 Pro which brought with itself support for 30W wireless charging. The OnePlus 9 Pro is also being tipped to pack reverse wireless charging that will enable the device to charge other smartphones or accessories such as wireless headphones. Max Jambor has also claimed in the latest lea...
2 comments
Read more