Opinion | Swipe money1 min read 02 Aug 2020, 08:52 PM IST
With NPCI’s okay, it seems a matter of time before over 400 million Indians are able to use WhatsApp as a tool to swipe money around the internet
A Reserve Bank of India (RBI) affidavit in the Supreme Court suggests that the decks for WhatsApp Pay to start operations in India have been more or less cleared. According to the document, as reported, the Facebook-owned payment service has met five RBI requirements, and the National Payments Corp. of India (NPCI) has informed the central bank of its compliance with data storage rules and sought RBI’s permission to let it go live.
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