Friday, 24 March, 2023

WhatsApp Pay now allowed to keep a user base of 100M

<p>WhatsApp Pay, when it launched in 2020 was only allowed to keep 20M users which was expanded to 40M in November 2021. Now the National Payments Corporation Of India has allowed WhatsApp to add another 60M users which brings the total to 100M users. This will allow WhatsApp Pay to compete with sector-leaders like Paytm, Google Pay and PhonePe. NCPI has also made it necessary that no company should have more than 30% share of UPI transactions.&nbsp;</p>