February 8th, 2021 9:03 PM 17 COMMENTS

WhatsApp UPI Transaction Volume Dips in January; PhonePe Extends Lead at the Top

Facebook-owned WhatsApp continues to witness poor response for its payments service in India. The National Payments Corporation of India (NPCI) released UPI data for the month of January 2021. PhonePe continues to lead the Unified Payments Interface (UPI) payments market in India with an overall transaction volume of 968.72 million and Rs 1,91,973.77 crore transaction value. Google Pay is second on the list, followed by Paytm Payments Bank App, Axis... Read More

February 7th, 2020 2:35 PM 5 COMMENTS

WhatsApp Pay To Launch in India, Digital Payment Platform Approved by NPCI

WhatsApp will finally be able to roll out its digital payments platform WhatsApp Pay in India, after securing a key regulatory approval. The company has been trying to launch its payment feature for two years now. WhatsApp was granted a license to operate its UPI based payment service by National Payments Corporation of India (NPCI), an RBI official told Business Standard. The NCPI’s approval comes days after clearance from India’s... Read More

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