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WhatsApp to introduce business chat tools: Report

07:34 PM | 9 Mar, 2017
WhatsApp to introduce business chat tools: Report
SAN FRANCISCO - WhatsApp is testing a system that would let business talk directly to Whatsapp users for the first time, Dunya news reported.

The tests, which are being carried out with a handful of companies that are part of the Y Combinator startup incubator, are an important indication of how WhatsApp plans to make money from its massively popular service. WhatsApp has not introduced a business model in the three years since Facebook Inc bought it for a hefty $19 billion.


 WhatsApp, a pun on the phrase "What s up?", has helped to upend mobile services by enabling users to text or call friends and family for free, without text message charges. It competes with similar services such as WeChat, a unit of China s Tencent Holdings Ltd.



One potential revenue source is to charge businesses that want to contact customers on WhatsApp. But the company is working carefully to avoid problems with spam messages, the documents show.

WhatsApp is also surveying users about the extent to which they talk to businesses on WhatsApp, and whether they have ever received spam, according to the documents.

WhatsApp last year announced its plan to develop the system, known as an application programing interface, or API, citing examples such as a user talking to a bank about a fraudulent transaction or to an airline about a delayed flight.

Last month WhatsApp struck a deal with Y Combinator, which provides training and advice to startups that show potential, to have a small number of companies take part in an early trial, according to emails and messages posted on a Y Combinator forum.

Admission to Y Combinator, founded in 2005, is highly competitive, and past participants include such companies as Airbnb and Dropbox.

A WhatsApp spokeswoman declined to comment on the testing of the system.

Y Combinator President Sam Altman said in an email he was not aware of the WhatsApp test but added: "We do generally see a lot of companies wanting to test their products with YC cos."

 

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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