This article looks at why WhatsApp payments are going to be so transformative, since several other services already offer something similar. Key takeaways: The absolutely massive global reach the messaging platform has, the end-to-end encryption WhatsApp uses, and most importantly of all - the ability to link the payments service directly to your primary banking provider’s accounts - you don’t need to use a separate wallet / digital deposit to hold, send or receive money - eliminating the cash out burden many mobile wallets experience.

Read more here