WhatsApp said that our team has been working hard on it since last year to meet all the standards. WhatsApp will help in advancing the Digital India program of Prime Minister Modi (Pm Modi) by investing in India.
New Delhi: Whatsapp has become a major means of communication in today’s date. In such a situation, there is news that Whatsapp is going to start payment services in India soon. This service named Whatsapp Pay will directly compete with services like Paytm, Google Pay, Phonepe. Let us know that WhatsApp started the test of its payment service WhatsApp Pay in India in 2018 and currently the company has agreed on the data released by NPCI, RBI (server must be in India) and payment guidelines. Talking about WhatsApp Payment services, this service will be UPI based and upi id will be used to facilitate sending and receiving money to users .
Despite the consensus on the guidelines, WhatsApp has not yet been approved by the regulators.
Digital India will help in advancing the program – During a conversation with a big news channel, WhatsApp said that our team has been working hard on it since last year to meet all the standards. WhatsApp will help in advancing the Digital India program of Prime Minister Modi (Pm Modi) by investing in India and at the same time the company can also play a strong role by becoming an important channel to accelerate financial inclusion. Under Digital India, we are excited to provide payment services to all our users in India soon.
Insurance and Pension can also step in the field- Whatsapp does not want to be limited to just payment service but believes Abhijeet Bose, who is looking after the company’s work in India, then the company is preparing to start a new pilot project on microfinance service soon. . You will start getting services like insurance sector, pension and microfinance on this platform. The company will start all these services in India in partnerships with banks and financial institutions.