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


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).

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
India , WhatsApp , digital payments , UPI

Next In Aseanplus News

After border clashes with Thailand, Cambodia’s economic time bomb ticks louder
Tourists raped in Bali in two separate cases
Penang deepens ties with Latin America as global chip supply chains shift
China blasts 'false' news after report says chipmaker SMIC supplying Iran
Fuel fears and price surge dampen Songkran travel mood in Thailand
Garuda flight passengers evacuated after safety hazard detected during boarding at Changi
Nepal's ex-PM Oli held over deaths during Gen Z protests
Scientists use saliva for non-invasive, AI-based Parkinson's test
PKR orders two MPPWP members to step down over viral video
Hoarding four litres of fuel lands man in jail

Others Also Read