WhatsApp is developing its own money transfer service.

Online messenger has information about jobs related to digital transactions. According to the informant, money transfer service will begin its work in India.

It is assumed that WhatsApp is looking for ways to monetize their audience. After Facebook Messenger bought  it in 2014, the program has continued to rapidly gain popularity and currently has about 1.2 billion users.

It is unknown which will be the fee for those wishing to make a money transfer to WhatsApp. It is assumed that the function will work on the basis of the interbank payment system UPI. Meanwhile, the company declined to comment on plans to launch its own payment service.