UPI Services Extended To All Users in India; WhatsApp Pay shall continue to comply with all existing UPI guidelines and circulars applicable to existing TPAPs.
FinTech BizNews Service
Mumbai, 31 December 2024: National Payments Corporation of India (NPCI) has removed the UPI user onboarding limit for WhatsApp Pay (Third Party App Provider), with immediate effect. With this development, WhatsApp Pay can now extend UPI services to its entire user base in India.
Previously, NPCI had permitted WhatsApp Pay to expand its UPI user base in a phased manner. With this notification, NPCI is removing the limit restrictions on user onboarding on WhatsApp Pay. WhatsApp Pay shall continue to comply with all existing UPI guidelines and circulars applicable to existing TPAPs.
NPCI, incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India, has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products.
NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payment solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.
