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WhatsApp Pay moves one step closer to Indian launch


WhatsApp’s much-awaited payments launch in India has hit many regulatory roadblocks in the past. However, the company has moved a step closer to launch, as the National Payment Corporation of India (NPCI) has certified that WhatsApp is now in compliance with data-localization norms. As per a report by Times of India, in a court filing last month, NPCI told India’s top bank, Reserve Bank of India (RBI), that the Facebook-owned app is now complying with all norms. Last year, RBI had asked NPCI to ensure that WhatsApp meets all requirements. WhatsApp started its payments services as a trial more than two years…

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