WhatsApp gets NCPI nod for payments, to tie up with multiple banks

WhatsApp gets NCPI nod for payments, to tie up with multiple banks

WhatsApp has reportedly been in talks for a while with banks including Axis Bank, ICICI Bank, and Punjab National Bank, and the approval for multi-bank partnership puts its payment business ambitions on the fast track. So that, if these organisations come to us for approval, we will have to approve it, and not go to RBI.

Google is in advanced talks with NPCI to integrate its digital payment service, Android Pay, with UPI. Around 10 million UPI transactions were reported in June against 2 million in December last, data from the Reserve Bank of India shows. United States technology giant Google too has completed the testing of its Unified Payments Interface (UPI) payment service and is awaiting RBI approval to roll out its service in the country, NPCI CEO AP Hota disclosed on Monday.

Armed Man Arrested At Trump Tower Looking For Ivanka
Benitez claimed that he was a USA senator who owned Trump Tower and was there to speak with Ivanka Trump about her clothing line. Benitez was subsequently hospitalized at the Weill Cornell Medical Center for a mental health evaluation, the spokesperson said.

If you're an avid Uber user, keep a lookout for the official announcement by Uber, integrating UPI on their app.

Originally launched in 2015 in the US, Android Pay is a mobile wallet that can store credit cards, debit cards and loyalty cards etc. After all, Android is the dominant operating system in India.

France takes bold step - banning all gas and diesel cars by 2040
India has said it wants all cars sold there to be electric by 2030. Macron's call to "Make the planet great again", a parody of U.S. Now in France, only 1.2 percent of new vehicles are electric.

As per Hota, Google is developing a separate India-focussed app, which it will name differently, in integration with a bank. "For Facebook, discussions are in preliminary stage", is what Hota told PTI. The same month, Facebook announced that the company will enable peer-to-peer payments through Facebook Messenger. While Facebook has thus far leveraged Instagram to supplement top and bottom line growth for the social media giant, soon, WhatsApp may add another source of revenue. WhatsApp can now enter into a partnership with multiple banks which will allow users to transfer money instantly using the messaging app.

Ecommerce behemoth Amazon is also discussing the launch of UPI with a few banks and testing it. "Technically it is feasible, but RBI would have to take a holistic look. they will have to look whether there are any risks other than the technology aspect", he added. For all these tech giants, for getting the next millions and billions on their platform, India plays a major part. "UPI is the future of Indian payments and we are proud to be a partner in this monumental mission of the government to facilitate a digital payments led society", a spokesperson for Uber told Mint.

Mandana Karimi accuses husband Gaurav Gupta of domestic violence; files for divorce
She alleged that her husband had stopped her from working in films after marriage and so she lost a flourishing career. When contacted, Mandana's lawyer Madhukar Dalvi said the matter is now in court and they would contest it as per law.

Digital payments solutions have exploded, especially after the whole demonetisation drive past year.

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