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WhatsApp to partner with banks, Offer financial services in rural India

Shortpedia

Content Team
Image Credit: shortpedia

Messaging application WhatsApp is planning to partner with banks and financial institutions for the expansion of banking services in rural areas, the company’s India head Abhijit Bose said on Wednesday. To ensure people’s access to financial services such as insurance, microcredit and pension, Facebook Inc-owned platform was also planning to pilot certain products and services, Bose said during the Global Fintech Fest.