WhatsApp is conducting tests with startups to see how businesses would contact consumers using the Facebook-owned messaging platform and how it can generate revenue.
According to Reuters, WhatsApp has been surveying users to see how they feel about businesses contacting them and for what reasons this would be acceptable.
WhatsApp is developing an API and believes alerts for things like fraudulent transactions made using a payment service or a delayed flight. Thanks to a deal with Y Combinator, which provides support to early stage companies, several startups are now reportedly working on early trials.
Silicon has contacted WhatsApp for comment.
The functionality is seen as essential to monetising WhatsApp one billion-strong user base. Facebook bought WhatsApp for more than $19 billion in 2014 but both parties have promised never to introduce in-app advertising, meaning alternative streams of income must be sought.
Instead, Facebook has scrapped the annual subscription fee, added voice calls and launched desktop messaging in a bid to increase use and maximise the value of the acquisition.
It changed its privacy policy last year to allow businesses to message users, but also so data could be transferred between WhatsApp and its parent company so Facebook could deliver more targeted
This was highly controversial and the practice has been suspended in several countries. In response, Facebook paused the transfer in the UK and across the European Union.
Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector
Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…
Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…
Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during…
Explore the future of work with the Silicon In Focus Podcast. Discover how AI is…
Executive hits out at the DoJ's “staggering proposal” to force Google to sell off its…