The feature, first reported in TechCrunch, lets users add their credit or debit card details to their Instagram account, secured with a Pin number of their choosing. According to the reports, Instagram integrated the payment service like other apps where users can save details of their debit and credit card and make payment of their purchase directly from Instagram instead of leaving the Instagram app. Once the in-app payments feature is expanded to more businesses, it could encourage many business profiles to give users the option to purchase their products or services directly via Instagram. However, the update suggests the feature should not be too far away, and may be enabled in the next few months. Some of its clients' Instagram Pages now offer this native payment for booking. It has partnered with a limited number of services as of now. WhatsApp group video calling will reportedly allow four users to chat simultaneously, Imam added. If they can get higher conversion rates because people don't quit in the middle of checkout as the fill in their payment info, brands might prefer to push people to buy via Instagram.
We've confirmed that the payment settings are now visible; some, but not all, users in the USA have it while at least some in the United Kingdom don't.
However, it is worth noting that the scope of payments on Instagram will not be as diverse as applicable on WhatsApp.
Instagram is known as a common space for sharing creative imagery, art, ideas and more - but it has potential to be a lot more. Earlier this year, a similar feature was rolled out for WhatsApp users in India, allowing them to send money to friends and family directly from the app using UPI IDs. So, players like BookMyShow and PayTM that sell movie tickets will be able to sell tickets on Instagram as well. Whatsapp has also mentioned in its changelog that iOS users will now be able to watch Facebook and Instagram videos on the chatting platform by clicking on the relevant links. Lastly, on the current WhatsApp CEO departing from the company, Marks Zuckerberg posted on how he will keep the values alive at the heart of WhatsApp, even though Jan won't be leading after that.
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