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

Business Aug 04, 2020 Saumya Srivastava ( Editor: Ekta Joshi ) 20 Shares

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

Also Read - NPCI Gives Approval to WhatsApp to ‘Go Live’ on UPI in a Phased Manner

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.”

Also Read - Deepika Padukone’s WhatsApp conversations allegedly discussing drugs go viral; photos of her leaving Restaurant named Koko surface on the Internet soon after

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.

NPCI Gives Approval to WhatsApp to ‘Go Live’ on UPI in a Phased Manner

Business Nov 06, 2020 Pavitra Shetty ( Editor: Ekta Joshi ) 8 Shares

On Thursday (November 5, 2020), the National Payments Corporation of India (NPCI) gave its approval for WhatsApp to ‘Go Live’ on Unified Payment Interface (UPI) in the multi-bank model. In the year 2008 National Payments Corporation of India (NPCI) was incorporated as an umbrella organization for operating retail payments and settlement systems in India and was created for a robust payment and settlement infrastructure in the country. The National Payments Corporation of...

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Deepika Padukone’s WhatsApp conversations allegedly discussing drugs go viral; photos of her leaving Restaurant named Koko surface on the Internet soon after

CelebStreet Sep 24, 2020 Arundhuti Deshmukh ( Editor: Ekta Joshi ) 42 Shares

NCB sources told PTI (Press Trust of India Ltd.) that some WhatsApp conversation purportedly discussing drugs is on the radar of the agency. Some of these chats were purportedly between Padukone's manager Karishma Prakash and one "D" they said. NCB on Wednesday sent a summons to actors Rakul Preet Singh, Shraddha Kapoor, Sara Ali Khan, Deepika, and designer Simone Khambatta. The federal anti-drug agency has already summoned Karishma Prakash and KWAN talent management agency's CEO Dhruv...

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