☰
»
»

Welcome to India: WhatsApp Pay to compete with PayTM, others

  • IndiaGlitz, [Friday,November 06 2020]

WhatsApp Pay is the newest player set to enter the Indian market in a big way. Facebook Inc., which owns WhatsApp, has been permitted by the National Payments Corporation of India to start operating its WhatsApp payments service in India.

It will be using the Unified Payments Interface to facilitate its users to make payments. Supported by more than 140 banks, WhatsApp Pay transactions won't carry any fee. Mark Zuckerberg, the CEO of Facebook, on Friday, said that he is excited that WhatsApp has been approved to launch payments across India.

Starting today, people across India will be able to send money through WhatsApp. This secure payments experience makes transferring money just as easy as sending a message, WhatsApp said in a statement.

PayTM, Google Pay, PhonePe, Amazon Pay and others will face stiff competition from WhatsApp Pay. WhatsApp has got a user base of 400 million, which makes it easy for its users to prefer it over other payment apps. For now, WhatsApp Pay's user base has been capped at 20 million.

More News

Bigg Boss 4 Aari and Som become best performers!

The first promo of Bigg Boss 4 for today has Bigg boss asking the housemates to nominate three best performers of the week based on their overall performance in tasks and in the
Read More

Nagarjuna bids a goodbye to 'Wild Dog' team after Manali schedule

Akkineni Nagarjuna has successfully completed its portions related to 'Wild Dog', the action thriller set in Hyderabad and Manali.
Read More

Visu's classic superhit movie to get a sequel!

Renowned director, screenwriter, playwright and actor Visu has been a part of many successful movies and one among them is Samsaram Adhu Minsaram which was released in 1986. The movie
Read More

Bobby Simha joins an interesting multilingual movie!

Actor Bobby Simha has been known for playing several interesting roles in movies like Iraivi, Pizza, Petta, Ko 2, etc and has also won the National award for acting for his performance in the movie
Read More

Massive birthday special update from Kamal Haasan - Lokesh Kanagaraj movie!

It was announced officially before few weeks that Ulaga Nayagan Kamal Haasan is all set to join hands with young director Lokesh Kanagaraj who's fresh from the success of movies Managaram and Kaithi
Read More