WhatsApp Pay is partnering with banks for a broader rollout in India

WhatsApp’s global head Will Cathcart said the Facebook-owned encrypted messaging app is partnering with banks and financial institutions as it rolls out its payment service in a phased manner across India.

The National Payment Corp of India allowed WhatsApp to go live with its Unified Payments Interface (UPI) platform under the multi-bank model last month in a graded manner, starting with a maximum registered user base of 20 million, even though the app has 400 million users in the country.