WhatsApp ‘slow’ with regulatory commitments for payment service: NITI Aayog CEO Amitabh Kant

Amitabh Kant, Chief Executive Officer (CEO), NITI Aayog, on Thursday said that WhatsApp has been “slow” with regulatory commitments with regard to its payments service.

“We are looking forward to WhatsApp. It is just that WhatsApp has been very slow in availing all the regulatory freedom. Fulfilling that. So that WhatsApp can really drive digital payments in India,” Kant said. He was speaking at an event where NITI Aayog and WhatsApp announced a partnership to promote women entrepreneurs in the country.

Will Cathcart, Global Head, Whatsapp, said that the company is looking forward to expanding the payment service.