No Charges Will be Levied For Paying Through WhatsApp:Facebook CEO Mark Zuckerberg has said that there will be no fee for sending money via WhatsApp in the country. He said after getting the consent of the National Payments Corporation of India (NPCI) to go live on UPI in a multi-bank model, it would be supported by more than 140 banks. Zuckerberg was speaking via a video statement. He said, now you can send money to your friends and family through WhatsApp as easily as sending messages. It will neither have to pay any fee nor will it face any difficulty. It will also be completely safe and private. It also has the support of more than 140 banks.
“We have made it using India’s Unified Payments Interface (UPI) to make it easier for anyone to accept payments on different apps,” he said. This will also give companies a chance to provide great services to the people. Zuckerberg said, India is the first country to do anything like this. After getting approval from NPCI
available in 10 regional languages,
Facebook CEO Mark Zuckerberg released a video saying that WhatsApp’s paid service will be available in 10 regional languages. Users using this service only need a debit card with a bank that supports UPI. User can set it directly. It can also be found in the latest version of WhatsApp.
The service will start from November 5
WhatsApp has more than 400 million users in India. The company had been waiting for approval to start the service for the last two years. WhatsApp was testing it through about 1 million users. Zuckerberg said that from November 5, this service will be started on WhatsApp with two million UPI users. Its NPCI has approved.
Users will get updates gradually
WhatsApp’s payment service is being rolled out gradually. Keeping in mind the guidelines of NPCI, users are gradually being given an update of the payment service. Initially, not all users will get its update.