WhatsApp and RBI New Developments
RBI is concerned with WhatsApp storing some of the data related to payments outside India beyond the timeline permitted in its June 26, 2019 circular. That is why RBI suggested National Payments Corporation of India(NPCI) which manages all the UPI related transactions in India to not allow WhatsApp to fully start UPI payments services in India. To give you some context of this whole thing. WhatsApp Pay was scheduled to launch in India way back in 2017-2018 but it has been failing because of the concerns related to non-compliance with India’s data localization regulations. Because of all these issues in the late times last year, RBI directed NPCI to not allow WhatsApp Pay to roll out. However, many reports suggested that the company has cleared all the issues and was ready to launch the service this year but this new development suggests otherwise. (VIA 1) (VIA 2) Read More About Google is Adding Biometric Confirmation, “touch-to-fill” on Chrome Autofill for Android Messenger Room Integration with WhatsApp Web is Now Available, Upto 50 Participants Support