WhatsApp gets NPCI formal approval to launch UPI payment

The NPCI has given formal approval to WhatsApp to ‘Go Live’ on UPI in a phased manner. The Facebook-owned instant messaging platform has been testing digital payments for two years but couldn’t launch the service following privacy concerns. NPCI gave permission to WhatsApp in the multi-bank model after the data localisation requirements were met. WhatsApp can now start UPI with a maximum registered user base of 20 mn.

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