WhatsApp seeks RBI nod to expand payment service in India

WhatsApp has written to the Reserve Bank of India, seeking a formal approval to expand its payment services to all of its users in India. WhatsApp’s partner banks have also submitted a request for formal approval, according to the letter. “Today, almost 1 million people are testing WhatsApp payments in India,” a WhatsApp spokesperson said.

This short was originally published on Inshorts, based on an article in Hindustan Times.

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