 "WhatsApp Pay")
Facebook-owned messaging service WhatsApp has secured regulatory approval for launching its digital payment platform — WhatApp Pay — in a phased manner, close to two years after the US-based company’s pilot run.
The National Payments Corporation of India (NPCI) granted permission to the California-headquartered company on Thursday to operate WhatsApp Pay, which will cater to 10 million users in India during the first phase, a person in the know said.
The NPCI approval follows the Reserve Bank of India’s go-ahead. WhatsApp has assured the RBI and NPCI that it will comply with the data localisation norms, a source
The National Payments Corporation of India (NPCI) granted permission to the California-headquartered company on Thursday to operate WhatsApp Pay, which will cater to 10 million users in India during the first phase, a person in the know said.
The NPCI approval follows the Reserve Bank of India’s go-ahead. WhatsApp has assured the RBI and NPCI that it will comply with the data localisation norms, a source
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