CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Whose approval do the Whatsapp seek in order to expand its payments services to all its users in India?
A
Supreme Court
B
PM and the Cabinet members
C
Reserve Bank of India
D
NBFC
Explanation: 

Detailed explanation-1: -After Mahatme’s appointment last year, Abhijit Bose, Head of WhatsApp in India, had said that Mahatme has been one of the key innovators driving the growth of digital payments in India over the last decade, and his experience will help the firm maximize the impact and scale of payments on WhatsApp.

Detailed explanation-2: -For those of you who aren’t sure, WhatsApp Pay is a digital payments platform launched by WhatsApp. It uses the National Payments Corporation of India’s (NPCI) Unified Payment Interface (UPI) system to enable WhatsApp users to transfer money to one another.

Detailed explanation-3: -’WhatsApp wins approval to expand Indian payments service to 100 million users’ NEW DELHI: Meta Platforms Inc’s WhatsApp has won regulatory approval to more double the number of users of its payments service in India to 100 million, two sources familiar with the matter told Reuters on Wednesday.

Detailed explanation-4: -Add a credit card to your WhatsApp Business account Click Manage account settings. In the Settings tab, click Payment settings. In the Payment settings page, click Add payment method. Follow the instructions to add your payment information and click Next.

There is 1 question to complete.