WhatsApp pay owned by Facebook Mr. Zuckerberg can go live from Nov 5th using the homegrown, multibank Unified Payments Interface, its operator the National Payments Corporation of India said in a statement Thursday. While introducing a 30 per cent cap on the number of UPI transactions that can be processed by third-party apps like Google Pay, PhonePe and others. Also, payments are available now in 10 Indian regional language versions of the platform. The two decisions have the potential to change India’s digital payments landscape. While WhatsApp, which had one million people using its beta app, can extend the payments service to another 19 million users, the 30 per cent cap will provide a level playing field and prevent a monopoly from getting created on the UPI space.
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