(Anjali Shreya, Intern Journalist): The National Payments Corporation of India (NPCI) announced on Thursday that WhatsApp can launch the WhatsApp Pay service in India. NPCI said that WhatsApp will be allowed to roll out this service in a “graded manner” and will first be allowed to do so with a maximum of 20 million (2 crores) registered users in UPI. PhonePe recently announced that it has crossed 250 million (25 crores) users. NPCI has also announced that from January 2021, such third-party apps will be capped at 30 percent for all future transactions.
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