Whatsapp has recently taken another decision towards monetizing their platform with the introduction of product catalogues for small businesses. This feature should allow businesses on the platform to display their product more efficiently to the users.

With this feature, users will be able to see more information from these vendors or businesses with more detailed images of the products as well.
From WhatsApp:

This new addition should be a boon for the businesses as just a few months back, WhatsApp Business released its app on IOS, and it has already gained a lot of users on Android. The use of WhatsApp Pay should increase after this update.