Which company's payments service got NPCI nod? – InterviewSolution

InterviewSolution

1.	Which company's payments service got NPCI nod?
Answer» The National Payments Corporation of India (NPCI) has finally allowed Facebook-owned messaging platform "WhatsApp" to roll out its payments service in the country in a "graded" manner. The announcement by NPCI came after the organisation made a crucial change to its regulations concerning the use of the Unified Payments Interface (UPI). The change puts a limit on single third parties such as WhatsApp or its rivals Google Pay and Walmart's PhonePe where they can only handle 30 per cent of overall UPI transaction volumes.

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