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WhatsApp in talks to launch mobile payments in Indonesia
- Wednesday | 21st August, 2019
The nation is set to see its e-commerce industry tripling to $100 billion by 2025, according to some estimates, but it also has some of the region’s strictest digital payments regulations. The Indonesia plan comes after Facebook CEO Mark Zuckerberg announced earlier this year that it would be rolling out WhatsApp payments to “some countries”. “As Mark has said earlier this year… we are looking to bring digital payments to more countries,” a Facebook spokeswoman told Reuters. One source said WhatsApp would need to get a nod from regulator Bank Indonesia before proceeding. Bank Indonesia did not respond to requests from comment.
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