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Inc42 Shots | WhatsApp Payments Gets Green Signal In India

After two years of speculations and discussions, unified payments interface (UPI) managing body National Payments Corporation of India (NPCI) has finally approved the launch of WhatsApp Payments, but in a phased manner.

As per a Business Standard report, NPCI’s payments comes a few days after the Reserve Bank of India’s go-ahead. As far as the phased launch is concerned, WhatsApp Payments will be able to offer its services to only 10 Mn Indian users initially. But the platform will be allowed a full roll-out, once it clears other pending compliance points.

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