fbpx

Facebook’s WhatsApp Gets Green Light to Expand Mobile Payments in India

Facebook’s WhatsApp Gets Green Light to Expand Mobile Payments in India

Regulators in India granted Facebook Inc.’s WhatsApp permission to expand its digital payments service, a win for the company after a delay of nearly

Netflix Exceeded Expectations with 15 Million New Subscribers
Covid-19 Creates Long, Anxious Waits for Fertility Treatments
US election: Experts ‘easily hijack’ the apps of both Biden and Trump

Regulators in India granted Facebook Inc.’s WhatsApp permission to expand its digital payments service, a win for the company after a delay of nearly three years in its largest market by users.

The National Payments Corporation of India, or NPCI, said late Thursday that WhatsApp can bring the service to a maximum of 20 million users. That is up from the one million cap that has been in place since the encrypted messaging platform in February 2018 began offering payments via its app in a trial service, the first of its kind.

This post first appeared on wsj.com

Do You Enjoy This Article?
Sign up for our newsletter and receive FREE access to download SuccessDigest Digital Weekly Edition for attainment of your financial freedom in the new digital economy!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

COMMENTS

WORDPRESS: 0
DISQUS: 0
%d bloggers like this: