The National Payments Corp. of India is reviewing an audit report to ensure WhatsApp complies with local rules. “We have received the data localization compliance system audit report from WhatsApp, which shall be reviewed in the next few weeks,” a Mumbai-based representative for NCPI said, according to Bloomberg. The review will determine if and when WhatsApp can enter the country’s …
Facebook-owned WhatsApp is all set to launch its peer-to-peer, UPI-based Pay service for over 300 million users — especially the small and medium businesses (SMBs) — in India sometime later this year, its Global Head Will Cathcart announced here on Thursday. WhatsApp launched a test run of its payments service with one million users in …
When Facebook CEO Mark Zuckerberg announced on April 24 that the company is actively working on to launch WhatsApp Pay in India, the message was clear to the digital payments leader in the country: Brace for the landfall. The country’s digital payments industry — estimated to hit $1 trillion by 2023 — is going to …