Trusted Reviews is supported by its audience. If you purchase through links on our site, we may earn a commission. Learn more.

WhatsApp rolls out mobile payments, and they could be coming worldwide

Facebook’s messaging service WhatsApp could be getting into mobile payments, as the company is currently in talks with multiple Indonesian digital payment outfits with a view to offering their mobile transaction services through WhatsApp. 

Reuters are reporting the news, suggesting that WhatsApp are looking to introduce mobile payments in Indonesia. WhatsApp is also currently waiting for regulatory approval to roll out mobile payments in India, where WhatsApp’s biggest market resides. 

However, the difference between Indonesia and India is that in Indonesia WhatsApp is merely hoping to serve as a platform via local digital wallets. This is partly because of tough licensing, but it could also provide a template for WhatsApp to start offering payments everywhere by teaming up with local payment providers and have them offer up the digital wallet, allowing them to sidestep several regulations.

Related: Best Android Phone

Indonesia is a good point to roll out payments. Over 100 million people use WhatsApp in the country, making it one of the top five markets globally for the chat program. It’s also seeing a huge boost to its e-commerce industry, with some analysts predicting that it could reach as high as $100 billion by 2025. With that in mind, it makes sense that WhatsApp would want a slice of the pie. 

Deals are expected to be finalised shortly, although several sources have suggested that the service, originally planned to roll out towards the end of 2019, will likely gestate for a few more months. 

Don’t expect it to stop there. Currently payments through WhatsApp are in their infancy, but with the framework in place it’s not hard to imagine them rolling out in various regions where payments using your phone are a popular way of doing business. 

Why trust our journalism?

Founded in 2004, Trusted Reviews exists to give our readers thorough, unbiased and independent advice on what to buy.

Today, we have 9 million users a month around the world, and assess more than 1,000 products a year.

author icon

Editorial independence

Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.

author icon

Professional conduct

We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.