WhatsApp Pay to expand UPI services to user base in India

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CoinGeek 3d ago

WhatsApp Pay to expand UPI services to user base in India - CoinGeek

Quick Summary:

National Payments Corporation of India removed the UPI user onboarding limit for WhatsApp Pay, allowing UPI services to its entire user base in India.

The post WhatsApp Pay to expand UPI services to user base in India appeared first on CoinGeek.

Serving approximately 350 million individuals and 50 million merchants, UPI has experienced a tenfold increase in transaction volume over the past four years, growing from 12.5 billion transactions in 2019-20 to 131 billion transactions in 2023-24, accounting for 80% of all digital payment volumes.