As and when it gets approval, WhatsApp will be entering a crowded digital payments market where it will have to slug it out with more than 80 rivals on the NPCI platform, including Google and Amazon.com Inc to garner users. — Bloomberg
India is reviewing an audit report on data practices of WhatsApp Inc to ensure compliance with local rules before permitting a nationwide debut of the Facebook Inc-owned company’s long-delayed payments service.
“We have received the data localisation compliance system audit report from WhatsApp, which shall be reviewed in the next few weeks,” a Mumbai-based representative for National Payments Corp of India said without providing any further details.
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