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The US-based company had been eyeing the payments opportunity for long, but data localisation requirements had initially led to a delay.
The development comes at a time when concerns over big tech firms' play in the financial sector are being expressed unequivocally by regulators.
A list of third party apps on the NPCI website makes it clear that WhatsApp's user base has been allowed to be increased to 40 million. ICICI Bank, Axis Bank, HDFC Bank and SBI will be acting as WhatsApp's payment service provider (PSP) banks, it said.
There are a total of 21 third party application providers, including WhatsApp, which have been allowed to provide the service of payments on the Unified Payments Interface<\/a> (UPI), as per the NPCI website.
Reacting to the development, Manesh Mahatme, the director of payments at WhatsApp India<\/a>, said the company is looking forward to expanding its user base.
\"Since our initial approval from NPCI, we have been working to deliver a simple, reliable, and secure experience for WhatsApp users that we hope will accelerate adoption of UPI for the 'next five hundred million' Indians,\" Mahatme said.
\"Over the next 6 months, we have planned significant investments in payments on WhatsApp- across India -- including many more 'India-first' features -- that we are sure will accelerate our growth,\" he added.<\/body>","next_sibling":[{"msid":87994488,"title":"Tariff hike by telcos to improve sector's revenue, cash flow: Analysts","entity_type":"ARTICLE","link":"\/news\/tariff-hike-by-telcos-to-improve-sectors-revenue-cash-flow-analysts\/87994488","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87994563,"entity_type":"ARTICLE","title":"WhatsApp gets NPCI nod for doubling payments user base","synopsis":"WhatsApp has a total user base of 400 million and the development will help the platform compete better with entrenched rivals like Google Pay and Phone Pe.","titleseo":"telecomnews\/whatsapp-gets-npci-nod-for-doubling-payments-user-base","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":192,"shares":0,"engagementtimems":792000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2021-11-30 08:06:08","lastupd":"2021-11-30 08:07:51","breadcrumbTags":["WhatsApp Pay","npci","MVAS\/Apps","WhatsApp","whatsapp india","unified payments interface","national payments corporation of india","google pay and phone pe"],"secinfo":{"seolocation":"telecomnews\/whatsapp-gets-npci-nod-for-doubling-payments-user-base"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-11-30" data-index="article_1">
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美国公司早就瞄准了付款的机会,但数据本地化需求最初导致了延迟。
正值发展大型科技公司的担忧在金融领域被监管机构明确表示。
第三方应用程序的列表NPCI网站上明确表示,WhatsApp的用户群已经允许增加到4000万。Axis银行ICICI银行HDFC银行和印度国家银行将作为WhatsApp付款服务提供者(PSP)的银行,它说。
总共有21个第三方应用程序提供商,包括WhatsApp,它被允许提供的支付服务统一的支付接口(UPI),按照NPCI网站。
对开发、Manesh Mahatme,支付主任WhatsApp印度表示,该公司希望扩大用户群。
“从NPCI初始批准之后,我们一直在努力提供一个简单,可靠,安全的经验WhatsApp用户,我们希望将加速采用UPI的印第安人“五亿”,“Mahatme说。
“未来6个月,我们计划重大投资支付WhatsApp——在印度——包括更多的“印度首次”特性——我们肯定将加速增长,”他补充道。
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