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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