WhatsApp can’t start payments business, RBI tells SC

NPCI manages UPI, which clocked over a billion transactions last month. The SC had recently asked RBI to update it on WhatsApp’s data localisation status. WhatsApp could be hit in its biggest mkt. This was RBI’s response dated November 6 to the SC as the apex court had asked it to update it on WhatsApp’s data localisation compliance status in August.



source https://www.brweb.cf/2019/11/whatsapp-cant-start-payments-business.html