Facebook not yet ready with digital payments on Messenger in India

IANS  |  New Delhi 

has no plans as of now to bring digital payment facility to its in India, informed sources said on Thursday.

Factor Daily had reported that has begun a beta version of recharge payments for mobile phone and other on Messenger.

"Mobile recharge option is a 'Marketplace' offering -- which is actually going on as a pilot test which is right now available to only users in some regions," the sources added.

Launched in 2016, Marketplace is a user-to-user exchange platform for buying and selling goods with others within the community.

Currently, the payment service on Messenger is available for its users in the US and the UK.

More than 1.3 billion people around the world are now using Messenger every month. The growth of Messenger now puts the app at par with Facebook-owned which also has over 1.3 billion monthly active users (MAUs).

WhatsApp, however, has rolled out the testing phase of its digital payment feature in -- a first such move globally -- which will be officially rolled out to its over 200 million Indian users in the days to come.

When launched, the new payments feature is set to give a tough competition to and other like Tez. The payments feature would take advantage of (Unified Payments Interface) and include support by a number of banks, including the State Bank of India, ICICI Bank, HDFC Bank, and

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 19 2018. 14:44 IST