WhatsApp to implement UPI-based payment system in India

[GSMArena]

Facebook-owned WhatsApp is finally throwing its hat in the online payment system, starting first with India, its biggest market in the world. The company is said to be working on a system based on India's UPI or Unified Payments Interface to allow person to person transactions. The UPI system was borne out of India's drive towards a cashless digital economy and has been adopted by all the major banks and even some services such as Truecaller. Facebook currently has a job opening for Digital Transactions Lead, India in Menlo Park, California, with one of the job requirements being...



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