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Monday, December 23, 2024 | 03:00 AM ISTEN Hindi

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WhatsApp permit, Ambani deal: Facebook racks up major India wins

Facebook has been open about its ambition to build a large commerce business in India with WhatsApp messaging at the center

WhatsApp, Facebook,
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WhatsApp will be able to add customers for its payments service quickly because of the ubiquity of its messaging app

Suvashree Ghosh and Kurt Wagner | Bloomberg
Facebook Inc., which was struggling for years to win a permit to operate its WhatsApp payments service in India, finally got approval for the roll-out, marking a breakthrough year for the tech giant that also saw it partnering billionaire Mukesh Ambani to expand in the world’s biggest open technology market.

WhatsApp pay can go live using the homegrown, multibank Unified Payments Interface, its operator the National Payments Corporation of India said in a statement Thursday. The U.S. social media giant can gradually expand its UPI base starting with as many as 20 million users. Facebook has been testing WhatsApp payments in

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