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WhatsApp wins nod to expand Indian payments service to 100 mn users: Report

WhatsApp has over the years told NPCI that there should be no cap on users of its payments service in India, its biggest market

WhatsApp Pay
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WhatsApp Pay. Phot: Shutterstock

Reuters New Delhi
Meta Platforms Inc's WhatsApp has won regulatory approval to more double the number of users of its payments service in India to 100 million, two sources familiar with the matter told Reuters on Wednesday.
 
WhatsApp has over the years told National Payments Corporation of India (NPCI) that there should be no cap on users of its payments service in India, its biggest market.
 
Instead, the NPCI told the company on Wednesday it can increase the number of users to 100 million from 40 million currently, the sources said.
 
WhatsApp did not immediately respond to a request for comment. The NPCI

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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