Whatsapp Pay Gets A Stamp Of Approval By The National Payments Corporation Of India Can Be Rolled Out In A Graded Manner
In the due course of time, the Facebook-owned messaging giant was also trying to act in accordance with the Indian regulations with data storage norms that would require all payments-related data to be stored locally. Now it has received approval by the regulatory NPCI and it can now go ahead with the rollout of its service in India but in a graded manner. National Payments Corporation of India (NPCI) has given approval for WhatsApp to ‘Go Live’ on UPI in the multi-bank model....