WhatsApp has partnered with five Indian banks to process its payment services. These are State Bank of India, HDFC Bank, ICICI Bank, Axis Bank and Jio Payments Bank. The Facebook-owned messaging platform, WhatsApp Inc., has received the approval from the National Payments Corporation of India (NPCI) to launch its Unified Payments Interface (UPI) based payments services in India, to let users send or receive money across the country.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
The service can however be expanded in a graded manner. It means that initially, Whatsapp can only roll out the payments service to only its 20 million users. The payment system will be rolled out in ten Indian regional languages in the latest version of WhatsApp app.
The Union Minister for Education, Dharmendra Pradhan, along with Minister of Labour and Employment, Youth…
On 22nd November evening, Jay Shah, the ICC president-elect and current chief of the BCCI…
The Reserve Bank of India (RBI) has raised the transaction limit for UPI 123Pay from…
Many countries around the world are known by special names that reflect their unique identity,…
The Indian Space Research Organisation (ISRO) has entered into a significant collaboration with the Australian…
A potential cyclone named 'Fengal,' suggested by Saudi Arabia, is forming in the Bay of…