WhatsApp Non-compliant for Payment Business, RBI Directs SC

Instant messaging giant WhatsApp may end up paying enormous price due to the ongoing snooping controversy. According to several media reports, the Reserve Bank of India has told the Supreme Court that the Facebook-owned platform is non-compliant with India’s data localization rules and has therefore directed NPCI to prevent WhatsApp from starting full-fledged payment services. WhatsApp…

ByGirish ShettiNovember 8, 20190Comments

WhatsApp is Almost Ready to Launch UPI Payment Services

The much-awaited disruption in India’s digital payment sector is probably only weeks away as WhatsApp is all set to launch its full-fledged UPI payments services in India. Following the beta launch last year, the messaging giant had to postpone the launch of its UPI payment services. This after RBI issued new directives in April that…

ByGirish ShettiJune 27, 20190Comments

Whatsapp may enroll Payment Services in India next week

Whatsapp may launch payment services next week. In what could turn out to be a major game-changer in payment space, Whatsapp may enroll its payment service on full-fledge basis across India next week. The instant messaging giant, which is owned by Facebook, will be partnering with HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank for…

ByGirish ShettiMay 30, 20180Comments

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