‘It’s a WhatsApp life’: how the messaging app became a critical financial service

A recent six-hour outage for Facebook’s services was irritating for UK users. In other parts of the globe, it disrupted entire economiesu0026nbsp;

In the UK, we associate WhatsApp with group chats, photos and a huge store of questionably humorous reaction GIFs. But in many countries, the low-data messaging app is a lifeline for small businesses, especially during the pandemic. 

When telecommunications and banking infrastructure are less than perfect, the ubiquitous app has been key for sending and receiving money. In Kenya, for example, it’s “a WhatsApp life”, says Alice Waweru, regional programme manager at TechnoServe, an NGO that encourages entrepreneurship and poverty reduction through the use of technology. 

WhatsApp allowed businesses to survive Covid restrictions and even thrive. And when entrepreneurs faced difficult times, it provided a channel for emotional support, too.