Payments Service Current Affairs, GK & News

NPCI allows Whatsapp to beta test its payments service with limited users

The National Payments Corporation of India (NPCI) has allowed Facebook-owned WhatsApp to beta test its BHIM UPI beta payments service with limited user base of 1 million and low transaction limit.  Four banks will join social messaging app’s BHIM UPI model in phases and full feature product will be released after beta test is successful. ..