38.6c New Delhi, India, Saturday, April 13, 2024

WhatsApp to soon roll out payment services to its users across India

By Saumya Srivastava      04 August, 2020 05:12 PM      0 Comments
WhatsApp to soon roll out payment services to its users across India

WhatsApp, a popular messaging app, has said that it will soon roll out its payment services to its Indian users.

It said that WhatsApp’s compliance with the Reserve Bank of India’s payment guidelines on data localization satisfied NPCI.

The company said that their team worked hard to meet the standards over the last year. It added that WhatsApp shares Honourable Prime Minister Modi’s belief to invest in India and is committed to playing a strong role by being a significant channel for accelerating financial inclusion and a more Digital India. The company said, “We are excited to provide payments to all of our users in India soon.”

WhatsApp's payment plans have been restricted to only 1 million users for over two years since it launched the feature in India.

Mark Zuckerberg, CEO of Facebook, said that during the company’s Q2 earnings call on 30th July the company was in talks with regulators in India as well as in Brazil. He also added that the talks were progressing slower than they’d like.

The WhatsApp Pay was suspended within a week of its launch in Brazil in June citing the need for more analysis.

Share this article:

Leave a feedback about this

Trending Legal Insiders
Two-day conference on April 13-14 on Technology and Dialogue between SC and Singapore

Explore AI's role in law at the India-Singapore Supreme Court conference on technology, enhancing judicial processes and access to justice, April 13-14, 2024.

12 April, 2024 06:16 PM


Trending Judiciary
Very disturbed by latest trend of lawyers commenting on pending cases: CJI

Chief Justice of India urges lawyers to prioritize court and Constitution over political beliefs, expressing concern over trend of commenting on pending cases.

08 April, 2024 11:19 AM
Trending Judiciary
Court rejects plea for interim bail to BRS leader K Kavitha

Delhi court rejects interim bail plea for BRS leader K Kavitha in money laundering case related to Delhi liquor scam. ED opposes bail.

08 April, 2024 12:14 PM
Trending Judiciary
Centre questions growing tendency among States to approach SC for funds

The Centre questions the growing trend of states approaching the Supreme Court for funds, citing timing and advocating for resolution through dialogue.

08 April, 2024 03:58 PM
Trending Judiciary
SC notice to Centre on plea to safeguard interests of intersex children

Supreme Court issues notice to Centre on PIL for safeguarding intersex children's interests and regulating medical interventions. Details inside.

08 April, 2024 04:35 PM


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email