Whats App Pay

GPTKB entity

Statements (91)
Predicate Object
gptkbp:instance_of gptkb:Telecommunications_company
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:ICICI_Bank
gptkb:Whats_App
gptkb:Whats_App_Inc.
gptkbp:advertising promote usage
gptkbp:aims_to increase financial inclusion
facilitate small business transactions
simplify digital payments
gptkbp:allows peer-to-peer transactions
business payments
gptkbp:challenges regulatory hurdles
user trust issues
competition from established players
gptkbp:competes_with gptkb:Google_Pay
gptkb:Phone_Pe
gptkb:Paytm
gptkbp:customer_support available through Whats App
gptkbp:data_privacy two-factor authentication
fraud detection systems
gptkbp:data_usage ₹1 lakh per transaction
₹20,000 per day
R$ 1,000 per transaction in Brazil
₹1,00,000 per transaction in India
gptkbp:demographics young adults
small business owners
popular among young adults
urban population
growing among small businesses
gptkbp:developed_by gptkb:Meta_Platforms,_Inc.
gptkb:Whats_App_Inc.
gptkbp:events boosted Whats App usage for payments
increased digital transactions
gptkbp:expansion_plans other countries
to more countries
gptkbp:features transaction history
payment reminders
QR code payments
in-app notifications
in-app payments
gptkbp:feedback generally positive
some concerns about privacy
gptkbp:future_plans gptkb:enhance_security_measures
enhanced features
expand features
broader international reach
increase merchant partnerships
https://www.w3.org/2000/01/rdf-schema#label Whats App Pay
gptkbp:integrates_with gptkb:Whats_App_Messenger
gptkb:Whats_App_Business
gptkbp:is_available_in gptkb:Brazil
gptkb:India
gptkbp:is_integrated_with gptkb:Whats_App_Messenger
gptkbp:launch_date November 2020
June 2020 in Brazil
November 2020 in India
gptkbp:launched gptkb:2020
gptkbp:offers cashback offers
discounts with partner merchants
gptkbp:part_of Facebook ecosystem
Whats App ecosystem
gptkbp:partnership with payment processors
with financial institutions
various banks in India
various banks in Brazil
gptkbp:partnerships gptkb:shopping_mall
various banks in India
gptkbp:promotes digital payments
cashless transactions
gptkbp:regulatory_compliance gptkb:National_Payments_Corporation_of_India_(NPCI)
required in various countries
gptkbp:released press release
gptkbp:requires linked bank account
Whats App account
gptkbp:security_features end-to-end encryption
two-step verification
gptkbp:supports multiple languages
bank transfers
in-app help center
gptkbp:technology machine learning for fraud detection
blockchain for security
gptkbp:transfer_fee no fees for users
no fee for users
merchant fees may apply
gptkbp:updates regular feature enhancements
gptkbp:user_base over 400 million in India
over 2 billion users globally
gptkbp:user_experience simple and intuitive
gptkbp:user_interface simple and user-friendly
integrated within chat interface
gptkbp:uses gptkb:Unified_Payments_Interface_(UPI)