Whatsapp Payment Service News

Companies

WhatsApp to roll out payments feature in India this year

It's a regulatory approval question in India at this point, says Facebook CEO Mark Zuckerberg'We're also working beyond India in a number of other countries and hope to have this rolled out to a large percent of the people who use WhatsApp within the next year'

2 min read26 Jul 2019
Companies

Facebook developing cryptocurrency for WhatsApp transfers: Report

Facebook is developing a stablecoina type of digital currency pegged to the US dollarthat will let users transfer money on its WhatsApp messaging app

2 min read22 Dec 2018
Industry

WhatsApp seeks RBI nod to expand payment services to all users

WhatsApp noted that the platform had rushed to ensure that the payments data is stored in India, immediately after the RBI came out with a directive outlining the new payments data storage requirements in April this year

3 min read2 Dec 2018
Politics

WhatsApp India formed, to begin operations soon

The setting up of WhatsApp India partially fulfils the demands of the Indian government to curb the spread of fake news on the chat app

2 min read1 Nov 2018
Companies

RBI data localization deadline unlikely to be extended

The government and RBI also do not favour allowing data mirroring by payments firms as an alternative to only storing data locally

1 min read16 Oct 2018
Companies

WhatsApp builds system to comply with RBI data norms

WhatsApp has built a system that stores payments-related data locally in India, ahead of a planned launch of WhatsApp Payments service

2 min read10 Oct 2018
Companies

Google Pay may be sharing payment details of customers with third parties

Paytm, which competes with Google Pay and WhatsApp payments service, has written to NPCI and complained about Google Pay's privacy policy clauses

3 min read21 Sep 2018
Companies

WhatsApp, Google chase a new $1 trillion payments market

WhatsApp Pay and Google Tez are looking to tap into India's digital payments market currently dominated by Paytm, even as Reliance Jio and India Post Payments Bank wait in the wings

4 min read28 Aug 2018
Politics

Focus on fake news now, payments later, India tells WhatsApp

The WhatsApp payment service matter had figured in a meeting on Monday between IT secretary Ajay Prakash Sawhney and top WhatsApp executives, including COO Matthew Idema

1 min read25 Jul 2018
Industry

WhatsApp to offer 24-hour customer support for its payments services in India

WhatsApp states that it will not provide refunds or facilitate chargebacks as once a user submits a payment, it is final

1 min read24 Jun 2018
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