This decision, which removes the previous cap of 100 million users, opens the door for over 500 million WhatsApp users in India to access the platform's payment features. In simple terms, more users can now avail this payment app.
Here's how this decision will benefit Indian customers:
Previous restrictions
Before this move, WhatsApp Payments had been restricted in terms of how many users could access it. The rollout was cautious, starting with a cap of 40 million users in 2020. This was later increased to 100 million users in 2022. These restrictions were put in place by NPCI due to concerns over market concentration in India's rapidly growing digital payments sector.
Why is it a big deal for Meta?
هذه القصة مأخوذة من طبعة January 03, 2025 من The New Indian Express Nagapattinam.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 03, 2025 من The New Indian Express Nagapattinam.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
A Guilty, Albeit Predictable, Pleasure
In sequels to 'happily ever after' romantic films, the narrative often tests the strength of the lead couple's bond by introducing obstacles—be it physical distance or a potential rival sparking jealousy.
Getting to Do Spy Stuff is Fun
Keira Knightley speaks to Sally James on playing a secret agent in her latest spy thriller, Black Doves
A Story of Uneasy Love
The fast-paced love story between a Muslim girl and a Hindu boy explores the tension between tradition and modernity
Making 2025 Your Best Year
Eleven infallible strategies to transform New Year resolutions into habits
Sax and the City
The best hop, skip and jump spots for aficionados of jazz in its birthplace where the music never stops and feet never stop tapping
Making Her Blush Permanently
A latest beauty trend everyone is buzzing about has a tattoo element
Memorial for Manmohan is a Requiem for a Lost Dream
Dead people never really die. They are kept alive through man's endless need for ritual, both in the private and public realm.
It Maybe the Best of Times, but It is Surely the Worst of Times
Manmohan Singh, former PM and finance minister who launched India's 1991 economic reforms, died last week.
The Winning Edge
Entrepreneur Stuti Jalan is taking the story of Indian women to the global stage
Why H-1B Visa Is In Maga Crosshairs
Of these high earners, more than 25% were women. And more than 65% of these well-heeled H-1B applicants from India were sponsored by smaller US-based companies. The H-1B applicants sponsored by US companies generally had higher salary offers compared to those sponsored by companies based in India—who are anyway availing less number of visas in this category. Here's a look at the H-1B visa program and why it stirs a political pot and muddies the debate on immigration.
