WhatsApp payments feature sees tepid response from users1 min read . Updated: 10 Dec 2020, 05:24 AM IST
- NPCI has put a 30% cap on UPI transactions to reduce the monopoly of Google Pay and PhonePe
- Experts said with incentives, such as cashbacks and more merchant-centric features, Whatsapp can make headway in a market
WhatsApp Pay, which was launched in India last month, has started off slowly with only 310,000 unified payments interface (UPI) transactions in November, according to data from the National Payments Corp. of India (NPCI).
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