Messaging app WhatsApp has now made its payments service available across the country. Now 2 crore Indian users can avail this service. To start this service, WhatsApp, along with State Bank of India, HDFC, ICICI and Axis Bank, partnering app WhatsApp has now made its payments service available across the country. Now 2 crore Indian users can avail this service. To start this service, WhatsApp has partnered with State Bank of India, HDFC, ICICI and Axis Bank.
Let us tell you that WhatsApp has designed its payments feature on the UPI system of National Payments Corporation of India (NPCI). Only last month, NPCI approved WhatsApp to start this service.
With the introduction of WhatsApp Payments Service, apps like BHIM, Phone Pay, Google Pay, Mobikwik and Paytm will get a tough competition. So far, WhatsApp has 400 million users in the country.
Abhijeet Bose, who heads WhatsApp in India, states that, “We have joined hands with State Bank of India, HDFC, ICICI and Axis Bank for easy and secure digital payments through WhatsApp. UPI is a revolutionary service, through which we They have got the opportunity to provide financial services to a large number of people. “