WhatsApp payment service to launch with full UPI features after beta test. - Technopweb

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WhatsApp payment service to launch with full UPI features after beta test.

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The National Payment Corporation of India (NPCI), the Chhatra organization for all retail payments in India, said that after the beta test of service in India, payment of VATSAP will be started with full facilities.
NPCI said that it has agreed to launch Facebook-owned WhatsAppSite beta in India with the number of limited users.
"At present, NPCI has given its consent to launch Whatsapp BHIIM UPI Beta, which has been launched with a limited user base and less per transaction limit of 1 lakh.In the four bank phases multi-bank BHIM is included in the UPI model (In the coming weeks) and after the successful beta test, full feature product will be released, "in a statement the body said.
"Multi-bank model offers advantages such as transaction load distribution between banks and helps in integrating popular applications easily with BHIM UPi."
Earlier this month, Whatsapp had started to offer its payment services in India. This feature allows users to make peer-to-peer transactions through the BHIM UI platform. This service has not yet been officially launched for users.
Whatsapp has not responded to our questions on our payment services in India.
Pettym vs. WhatsappWhatsapp's payment service has criticized the founder and CEO of Patyam, Vijay Shekhar Sharma, who questioned the 'interoperability' in the payment service of What'sapp, raising allegations that this facility violates the 'Open UP System'.
His comments come in the backdrop of the resignation of Neera Arora from Patiala's board. Neeraj is also Vice President of Business Development, WhatsApp for WhatsApp's Facebook.
NPCI on criticism
In his statement the body emphasized that it adheres to the guidelines to ensure the UPA platform.
"We follow well-defined guidelines for BHIM UI services, which aim to interoperate with our platforms and based on open standards, convenient and secure, through banks of banks and payment ecosystems through digital payment Provide many options for consumers to adopt fast ".Read more

    
That is why Patiyma founder Vijay Shekhar is unhappy with Whatsapp's UPA payment feature.
    
HotSpeep's UI payment feature is different from PettyM, Google Tees and others
Pettym welcomes NPCI move, but
Welcoming NPCI's decision, PetiM said that it is still concerned about the "security / security" issues related to the UPA transaction on WhatsAppSet.
"We welcome this statement by NPCI, it addresses the concerns of interoperability violation taken by us, it also clarifies that the trial has been limited to 10 million users, although we believe that the infringement mentioned above Together one product could be used between very small grounds. "
"We are still concerned that this statement is silent on the important issue of security / security of the financial transactions through the UPA, where consumers need to sign in with essentially the username and password. This violation is fundamental and It is very serious.Whatsapp has to implement all other Bhopal UI applications like login and password ".
Peytm also told that the missing SMS notification facility is not mentioned on WhatsApp payment in the body.
"This statement is silent on other issues as there is a need to send SMS notifications for every UPI transaction. We hope that future rollouts will be fully compliant with all the guidelines, we will discuss NPCI ideas on some of these missing aspects. Waiting to hear, "Petty concludes.

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