Paytm’s Vijay Shekhar Sharma accuses NPCI of carving out loopholes for WhatsApp Pay.
NPCI has given its consent to roll out WhatsApp BHIM UPI beta launch with limited user base of 1 million & full feature product shall be released after the beta test is successful.
4 banks will join the multi-bank BHIM UPI model in phases; broad principles for interoperability are required in final app.
Only the BHIM UPI enabled app that fulfils such principles will be permissible for full scale public launch.