WhatsApp Chief Writes To RBI For Approval Of WhatsApp Pay

WhatsApp Chief Writes To RBI For Approval Of WhatsApp Pay

SUMMARY

Partner banks have also submitted a request for formal approval

Govt ruled that WhatsApp Pay can't be launched till the company sets up an office in India

Company has appointed India head, grievance officer

WhatsApp CEO Chris Daniels has put in a formal request seeking Reserve Bank of India’s (RBI) approval for expanding its payments service — WhatsApp Pay — across the country.

In a letter to the RBI, Daniels reportedly said: “I write to request your formal approval to immediately expand WhatsApp’s BHIM UPI (Unified Payments Interface) compliant payments product to all users in India.”

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