Wednesday, April 29, 2020

What's app is planning to give loans to users


Good news for Whats App users. Whats App is thinking  of ​​giving loans to users. Whats App has long been trying to launch a Payments Service in India. But the government has not received permission from the government yet. After receiving these permissions you can make payments from Whats App. Whats App plans to enter the loan market once this payment system is successful..


Whats App has revealed its business details to the Ministry of Corporate Affairs. It will also offer credit services along with payments. Whats App Business Plan is approved by the central government so customers can take personal loans from WhatsApp. WhatsApp has revealed to National Payments Corporation of India that its payments platform is already working to comply with local data protection and storage regulations. The company promised to design the system by May. WhatsApp Payments was originally approved in February by National Payments Corporation of India-NPCI. But privacy concerns have been revoked as permissions have been withdrawn.

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