Whatsapp wants to launch Special service in India, permission sought from RBI

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The Whatsapp Head has written a letter to the Reserve Bank of India for the formal permission to start payment services for all its Indian consumers. There are 20 million consumers of Whatsapp in the country. Whatsapp is facing criticism of the government for its alleged spread of fake news and messages through its platform.

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.

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At the same time, its rival company, Google has stepped up its payment services. Whatsapp 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 pay package for the UPI (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 Whatsapp also wrote letters for formal permission. A spokeswoman for Whatsapp said on the occasion, “In today’s time, Whatsapp 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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