WhatsApp to Start Offering Health Insurance, Micro-Pension P

WhatsApp to Start Offering Health Insurance, Micro-Pension Products in India Soon


WhatsApp to Start Offering Health Insurance, Micro-Pension Products in India Soon
By the end of the year, WhatsApp is planning to start offering affordable health insurance coverage from SBI General.
By Jagmeet Singh | Updated: 17 December 2020 16:45 IST
WhatsApp is leveraging its strong presence in India to go beyond instant messaging
Highlights
The Facebook-owned platform already has a payments feature
WhatsApp may take on PhonePe and Google Pay with its new move
WhatsApp is planning to start rolling out health insurance and micro-pension offerings in India. India Head Abhijit Bose revealed WhatsApp's roadmap towards bringing “critical financial and livelihood services” to mobile users in the country at the Facebook Fuel for India event. The Facebook-owned company is working with SBI General to launch health insurance products, while HDFC Pension and Singapore-based firm PinBox Solutions are on board for offering micro-pension products. The new developments come alongside WhatsApp's digital payments venture – WhatsApp Pay.

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