CURRENT AFFAIRS

Detailed explanation-1: -Mahatme, who was earlier director and board member of Amazon Pay India, was hired by WhatsApp to head its payments vertical in April 2021. As director of WhatsApp Pay, he focussed on enhancing the payments experience for users and scaling the service.

Detailed explanation-2: -After Mahatme’s appointment last year, Abhijit Bose, Head of WhatsApp in India, had said that Mahatme has been one of the key innovators driving the growth of digital payments in India over the last decade, and his experience will help the firm maximize the impact and scale of payments on WhatsApp.

Detailed explanation-3: -Choletti, who joined WhatsApp Pay in October 2021, took over as its India chief from Manesh Mahatme.

Detailed explanation-4: -There is so much more WhatsApp can do for India and we’re excited to continue helping advance India’s digital transformation, ” Will Cathcart, Head of WhatsApp, said in a statement. Abhijit Bose was appointed as the first country head for WhatsApp in 2019.

Detailed explanation-5: -Meta-owned WhatsApp introduced payments service November 2020 in India. It was eventually expanded to all users in 2021. With the feature, users can link their bank accounts via UPI and can send or receive payments via the instant messaging platform.