Wednesday, January 15th, 2020

 

WhatsApp to comply with data norms for BHIM UPI-compliant payment service

Whatsapp’ s much-awaited BHIM UPI-compliant payment service, which has been dragging since 2016, is expected to be rolled out in the first half of the current year as the instant messaging platform is in the process of complying with data localisation regulations. Following this it will undergo a security audit before its gets the final approval from the Reserve Bank of India (RBI). Sources said the Facebook-owned platform is in the “advanced stages” of complying with the RBI norms on data localisation. “They are fulfilling the compliance criteria, following whichRead More