WHATSAPP PAYMENT APP
WhatsApp has received approval from the National Payment Corporation of India (NPCI) for the digital payment platform WhatsApp Pay.
However, the company is initially offering digital payments as a pilot project to some users right now. But after getting the green signal from NPCI, it has directly become rival to Paytm, Google Pay and Amazon.
According to sources, after the regulatory approval, WhatsApp will introduce its digital payment platform WhatsApp across the country in several phases.
Actually WhatsApp has already started for digital payment platform The application was made but it got approval when the company has considered the condition of data localization i.e. storing data locally.
In the first phase, WhatsApp will be able to provide payment services to one crore users in India. After agreeing to the other terms, the company will be free to all users. Will be able to provide this facility.