NPCI allowed WhatsApp to start its payments service in the country in a “graded” manner, starting with a maximum registered user base of 20 million in UPI
WhatsApp Pay | Whatsapp payments | whatsapp
Sukanya Roy |
Last Updated at November 6, 2020 14:06 IST
The government has finally allowed Facebook to start operating its WhatsApp payments service in the world’s biggest open technology market, that’s India.Facebook CEO Mark Zuckerberg today announced that no fee will be charged for sending money via WhatsApp as the company rolled out its payments services in India.
In 2018, WhatsApp had started testing its UPI-based payments service in India, which allows users to utilise the messaging platform to send and receive money.The testing was limited to about a million users as it waited for regulatory approvals to come in.On Thursday, NPCI allowed WhatsApp to start its payments service in the country in a “graded” manner, starting with a maximum registered user base of 20 million in UPI.
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First Published: Fri, November 06 2020. 14:06 IST