New Delhi: WhatsApp’s India payment business head, Vinay Choletti, quit the firm within four months in the role. He took over the position only in September.
Choletti took office after former WhatsApp Pay India head Manesh Mahatme quit the post to return to Amazon as the Director of Product and Engineering in September.
“Today was my last day at WhatsApp Pay and as I sign off, I can proudly say that watching the scale and the influence of WhatsApp in India has been a humbling experience. The last one year personally has been a great learning journey and the excitement of being in the frontline and launching some global first payments use cases such as “QR tickets for Bangalore Metro on WhatsApp” was unmatched. I am humbled to see the customer adoption of novel use cases using WhatsApp Pay and I will wear these badges proudly for the rest of my life,” Choletti wrote on LinkedIn late Tuesday.
“As I move on to my next adventure, I strongly believe that WhatsApp has the power to phenomenally transform digital payments and financial inclusion in India and I look forward to seeing it leverage its potential in the coming years,” Choletti added.
Before joining WhatsApp Pay in October 2021 as the head of Merchant Payments, Choletti had worked at Amazon for seven years, according to his LinkedIn profile.
As per data by National Payments Corporation of India (NPCI), WhatsApp Pay currently holds a minuscule 0.1 percent of the total UPI market, as compared to rivals PhonePe (47.2 percent) and Google Pay (34.2 percent).