Whatsapp Payments

Cybercriminals allegedly hacked the bank account of a retired school teacher in Annamayya via WhatsApp link and stole Rs 21 lakh

SMBSaathi Utsav has kicked off with a pilot in Jaipur's Johri Bazaar and Bapu Bazaar where over 500 small businesses are being trained on various aspects of running business online

The latest move comes days after WhatsApp won regulatory approval to more than double its payments offering to 100 million users in India

Built for India, this new feature is relevant, exciting, and memorable as it helps people easily convey a feeling along with sending money.

Around 79 per cent respondents said that they are not likely to use Whatsapp Business Accounts if the instant messaging app decides to implement the policy in May

The feature has been launched with support from banking partners State Bank of India, HDFC, ICICI, and Axis Bank

Make sure you guard against fraudsters who may try to trick you into sending them money

The WhatsApp button will let users browse through a catalogue offered by a business

NPCI allowed WhatsApp to start its payments service in the country in a "graded" manner, starting with a maximum registered user base of 20 million in UPI

No fee will be charged when sending money via WhatsApp, said Facebook CEO Zuckerberg following the nod by National Payments Corporation of India for WhatsApp to go live on UPI in the multi-bank model

Maximum 20 million user base initially; NPCI puts 30 per cent cap on third party apps' share of UPI transactions

The messaging app, which has about 400 million users in India, has been testing its payments service in the country since last year with about a million users

Cathcart said the WhatsApp's vision is to make sending money as easy as sending a message on the platform

Facebook's misses Street estimates in June quarter; share price falls almost 20% in after-hours trading, eroding roughly $120 billion from the company's market cap

Whatsapp is the most popular instant messaging app in the country with over 220 million subscribers