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WhatsApp is the most popular messenger app in the world but still, they haven't made any money, here we have 2 ways how WhatsApp plans to make money.
The WhatsApp has been around for almost a decade now and the company has added tons of features since its introduction ,While the greatest features are out in the wild for people to know about them, there are certain features or tricks that not many people manage to know about.
1.WhatsApp pay - Just like Paytm and Google pay WhatsApp is also coming up with their own wallet but just because whats app has lots of business owners it already, it will be smoothly transitioning payments happen to it. your entire store will be on WhatsApp business alone with the payments option.
WhatsApp Pay is an in-chat payment feature that allows users to make transactions via WhatsApp to their contact list. It is UPI-based payments service that allows you to both send and receive money. It was developed by the National Payments Corporation of India (NPCI).
2.WhatsApp insurance - A lot of businesses do not feel comfortable while dealing it with new clients this why whats app has coming up with the business insurance , You can buy the business and personal insurance directly through WhatsApp based on your needs.
WhatsApp is set to roll out health insurance and micro-pension products on its messaging platform in India through tie-ups with licensed financial services players. The move comes as the Facebook-owned tech giant is set to expand its ambit of services to finance, commerce, education and social welfare in 2021.
WhatsApp, which counts India as its biggest market with 400 million users, is working in partnership with financial institutions on pilots of micro-insurance, and micro pension products. It is partnering with the SBI General Insurance to provide consumers with health insurance products.
3.Digital lending - if you have access money you can easily start giving it to your friends on credit and start earning interest it, and you can securely start lending money to people and earn interests on it through WhatsApp