WhatsApp Update: WhatsApp accepted the terms of the Government of India, See once
Instant messaging will implement the data localization rules on WhatsApp platform. After this, the company can launch its Pay service in India. This information has been given by National Payment Corporation of India (NPCI) Chief Executive Dilip Asbe. Let us tell you that in order to launch WhatsApp Pay in India, the company was told to keep the data of Indian users locally. Only after this service could be launched.
What the RBI says: The local Reserve Bank had said to store the data of users at the local level by launching WhatsApp Pay. Not only WhatsApp Pay, but other foreign companies including Google, Amazon, MasterCard, Visa, PayPal also follow or will follow this rule. This keeps the data of users safe.
Testing of WhatsApp Pay was started last year: Testing of this service was started last year. But its launch had to be postponed regarding the matter of storing data. Asbe says that WhatsApp will finish working on all the rules in the next two months. Let us tell you that the number of using the payment service on WhatsApp is currently 10 lakhs. This is because the company needs some time to keep the data related to customers locally.
Audit running on WhatsApp Pay: This service is being audited. Only then will it be reviewed how to proceed with this service. If seen, the company's best effort is to be able to launch it as soon as possible. If other companies are talked about, then companies like Xiaomi, Amazon Pay and Truecaller have also not started their payment service due to data localization rules.
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