WhatsApp, the most used instant messaging in the world, will implement data localization rules on its platform. After this, the company can launch its Pay service in India. This information has been given by the National Payment Corporation of India (NPCI) Chief Executive Dilip Asbe. Let us tell you that in order to launch WhatsApp Pay in India, the company was told to keep the data of Indian users locally. Only after this service can be started in India.
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According to media reports, the local Reserve Bank had said to store the data of users at the local level by launching WhatsApp Pay. Not only WhatsApp Pay, but other foreign companies, including Google, Amazon, MasterCard, Visa, Pay-Pal, will follow this rule. This keeps the data of the users safe.
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For your information, the testing of this service was started by the company last year. But its launch had to be postponed regarding the matter of storing data. Asbe says that WhatsApp will finish all the rules in the next two months. Let us tell you that the number of using the payment service on WhatsApp is still 10 lakhs. This is because the company needs some time to keep the data related to customers locally.
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