Whatsapp Payment Services, Launch in India, Permission from RBI, WTSAP Payment Services
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The Messaging App started an experimental payment service with nearly one million subscribers. Although many months passed, he did not get the approval from the regulator to start this service. The popular app has been in contact with the government for nearly two years on its plans of payment facility.
At the same time, its rival, Google, Google has stepped up its payment services. WTSAP is currently operating payment services on an experimental basis. The company's chief Chris Daniel has now written to the RBI asking for formal permission to make payment service available to all consumers in the country.
In a letter addressed to the RBI Governor, Daniel said, "I urge you to give formal permission to start the payment of the payment package for the VIPs (Unified Payment Interface) to all Indian consumers immediately. At the same time, give us the opportunity to present a useful and safe service that improves the lives of Indian people through digital empowerment and financial inclusion. "
In a letter written on November 5, it has been said that the partners of WTSAP also wrote letters for formal permission. A spokeswoman for WTSAP said on the occasion, "In today's time, WTSAP payment services are being tested for nearly one million people in India. People's response is very positive and people are also taking advantage of the facility of sending money in a normal and secure way. "
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