WhatsApp has initiated talks with the State Bank of India, the National Payments Corporation of India (NPCI) and a number of other financial institutions to integrate payments on its platform.
This news comes two days after The Drum reported Hike beats Whatsapp to integrating wallet payments to push Digital India initiative. Also, how Digital Payments, AI and VR will power the Indian economy in future .
WhatsApp is in talks to allow its users to make payments via United Payments Interface (UPI), which facilitates instant fund transfer between two bank accounts on a mobile platform.
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Source: The Drum
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