Digital payments in India are expected to reach $94 trillion by FY25 and WhatsApp Payments aims to cater to that demand
WhatsApp’s Payments feature is now available to users in India (currently up to 20 million users) with support from State Bank of India, HDFC, ICICI and Axis Bank. WhatsApp designed its payments feature on National Payments Corporation of India’s (NPCI) Unified Payment Interface (UPI) system and was granted approvals to go live in November 2020
