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ISSUE 49
02 / 07 / 2019
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Whatsapp ready to launch Payments app

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Whatsapp ready to launch Payments app

The Reserve Bank of India requires payment companies to set up data storage facilities in India to ensure that global payment companies store transaction data within India. Whatsapp is now ready to launch the digital payment app. WhatsApp’s payment service launched as a pilot programme over a year ago, has been mired in a series of regulatory issues ranging from the demand to store data locally to charges of misinformation and fake news being shared.

 

https://tech.economictimes.indiatimes.com/news/internet/whatsapp-sets-up-data-storage-facilities-in-india-braces-for-payments-biz-launch/69964885

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