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WhatsApp will offer insurance & loans to some users
July 24, 2020
WhatsApp has held hands with Indian banks to carry banking administrations to the country zones in India. WhatsApp likewise has plans to offer budgetary types of assistance including the protection and benefits to the low pay laborers. The Facebook-claimed informing application has collaborated with banks including ICICI Bank and HDFC Bank.
Abhijit Bose, WhatsApp India Head, said at Fintech fest, “We presently need to open up with more banks over this coming year to help streamline and extend banking administrations, particularly to the country and lower-salary sections we additionally plan to grow our tests with accomplices for different items that RBI featured as essential money related administrations, beginning with small scale benefits and protection”.
The coordinated effort with banks would let clients speak with their banks through mechanized writings. Clients can enlist their WhatsApp numbers with their banks and can even check their equalization, findings, and increasingly through the informing application.