Digital Payout Services Now Available in WhatsApp
1. Whatsapp digital payment service
Instant messaging app WhatsApp has been granted permission to start payment services in India, the National Payment Corporation of India (NPCI) has given green signal for partnership with banks for digital payments. The company had been interacting with officials for digital payment for a long time. Whatsapp will now partner with some banks. Users can then option to transfer money to WhatsAppSet. For this, the Unified Payment Interface (UPI) will be used.
2. Whatsapp digital payment service
Earlier, instant messaging app Hiike started a digital payment transfer. Not only that, the US technology giant has completed testing of UPI Google.
However, Google has not yet received a green signal from the Reserve Bank of India. Google will require an offshore from the RBI for digital payments in the country.
3. Whatsapp Digital Payment Service
According to reports, both Facebook and WhatsApp are communicating with NPCI so that UPI payment services can be launched in India. According to data from National Payment Corporation of India, more than 10 million transactions have been done using UPI last month.
It is noteworthy that National Payment Corporation of India (NPCI) is the parent company of Indian retail payment system.
4. Whatsapp Digital Payment Service
NPCI's MD and CEO said that companies like Whitsap and Google are large and they can partner with some banks and easily give a payment process to the users. However, they said that Google is waiting for the approval of the Reserve Bank of India at this time.
Currently, WhatsApp is not against roadmap, which can be used to find out how it will be used. But there will be clarity on the payment in the coming days.