Technology

WhatsApp wins approval to double payments offering to 40 mln users in India -source

WhatsApp wins approval to double payments offering to 40 mln users in India -source

WhatsApp (FB.O) has won regulatory approval to double the number of users on its payments service in India to 40 million, a source with direct knowledge told Reuters on Friday. The company had requested that there should be no cap on users of its payment service in India. Instead, the National Payments Corporation of India (NPCI)this week told the company it could double the user base to which it can offer its payment service.

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