Even after blow in Brazil, WhatsApp to launch payments service in India

It launched WhatsApp Pay, based on the UPI system in February 2018, as part of a trial with one million users

Even after Brazil suspended the newly launched WhatsApp’s payment system, the messaging platform said it is committed to launching the service in India, a process that has been in the works since over two years now.

"Even as we continue to work with our local partners and the Central Bank in Brazil, we remain committed to launching WhatsApp Payments in India. UPI (Unified Payments Interface) is a lighthouse model for the rest of the world, with local banks and institutions driving innovation on a local stack that is capable of delivering financial services for all," said a WhatsApp spokesperson.

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