Launch of WhatsApp payments expected to boost growing digital payments in India


  • India
  • Tuesday, 17 Nov 2020

The NPCI has placed an initial limit on the number of users WhatsApp can expand its service to at 20 million. - AFP

NEW DELHI (The Straits Times/ANN): Digital payments in India registered significant growth in recent months amid the Covid-19 pandemic, a trend likely to be further reinforced with the launch of a payment facility on WhatsApp earlier this month.

The number of Unified Payments Interface (UPI)-based payments hit a new milestone in India with more than two billion transactions in October, government data showed. The National Payments Corporation of India (NPCI) valued the transactions at 3.86 trillion rupees (S$69.8 billion).

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India , WhatsApp , digital payments , UPI

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