WhatsApp plans to start issuing loans within the application

US, WASHINGTON (ORDO NEWS) — A popular online publication, The Next Web has published fresh data according to which WhatsApp plans to launch a loan within the application.

What is interesting, apparently, the company has already applied to the relevant Indian regulator. It was thanks to this document that it became known that WhatsApp intends to “provide money or issue loans on conditions that would be appropriate, with or without protection, to users and other people.”

True, it is worth noting that even with its patron in the face of Facebook, the company is still limited by law in relation to the banking business. In this regard, the company will have to implement a new function in conjunction with a bank.

Recall that recently there was information on the network that Google is developing its own bank card, similar to the Apple Card, introduced last year.


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