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WhatsApp Confirms Appointment of Manesh Mahatme to Lead India Payments Business

WhatsApp Confirms Appointment of Manesh Mahatme to Lead India Payments Business 585720

Mahatme was previously a senior executive at Amazon where he led the product and engineering teams for Amazon Pay in India. y725j

By Reuters | Updated: 28 June 2021 18:03 IST

WhatsApp Confirms Appointment of Manesh Mahatme to Lead India Payments Business

Photo Credit: LinkedIn/ Manesh Mahatme 3x1h1n

Manesh Mahatme also worked earlier with Citigroup and Indian mobile carrier Bharti Airtel

Highlights

WhatsApp has more than 500 million Indian s
WhatsApp also has plans to expand its partnership with banks
Manesh Mahatme will help improve s' payments experience

ment

Facebook-owned WhatsApp messenger said on Monday it was appointing a former Amazon executive as the head of payments in India as it looks to scale the service in its biggest market by s.

Manesh Mahatme, officially director WhatsApp payments - India, will help improve s' payments experience and grow the business, WhatsApp said in a statement, confirming a Reuters newsbreak in March.

Mahatme was previously a senior executive at Bharti Airtel.

WhatsApp Said to Hire Amazon Pay’s Manesh Mahatme to Lead India Payments

WhatsApp, which has more than 500 million Indian s, last year received a much-delayed approval for the launch of its payments system in the country, but so far its rollout has been capped by regulators at 20 million s.

But it has big ambitions and Jio Platforms digital unit will allow WhatsApp to offer payments services to millions of mom-and-pop stores.

WhatsApp also has plans to expand its partnership with banks in a bid to offer financial services such as pensions and insurance, its India head Abhijit Bose - also a payments industry veteran - said last year.

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