WhatsApp Pay Gets NPCI Clearance, But You May Still Have To Wait
News 18WhatsApp Pay, the UPI payment interface by the Facebook owned messaging service has finally received clearance to roll out its services by the National Payments Council of India. WhatsApp’s payment method had started its services on a trial basis in India quite some time ago but had so far failed to receive NPCI’s nod owing to concerns around data localisation and related factors. The NPCI had also previously raised concerns regarding WhatsApp’s data localisation policies, suggesting that all financial transactions to be conducted via WhatsApp would need to be held through Indian data servers. The NPCI has also recently disclosed that UPI transactions in India have crossed 2 billion per month, and WhatsApp Pay’s official introduction to the Indian digital payments ecosystem may further boost it significantly.