Home General News WhatsApp updates its privacy policy before full launch of its payment service...

WhatsApp updates its privacy policy before full launch of its payment service in India

Over one million users are “testing” the new WhatsApp payment feature in India.

On June 23rd, 2018 WhatsApp stated that it is updating its services and privacy policy terms before the full launch of the service to “reflect the addition of payment interoperability features.”

WhatsApp has 200 million users in India and 1.5 billion users globally and one million users are testing its new payment feature in India. A WhatsApp spokesperson told PTI that “We’ll be updating our WhatsApp payments Service and Privacy Policy terms to provide simpler language on how the payments feature operates…..It also reflects the addition of payment interoperability features that we have added since the beta started.”

A spokesperson for WhatsApp stated that the App owned by Facebook is working closely with bank partners, National Payments Corporation of India (NPCI) and also the Indian government on the entire payments process. The NPCI has granted WhatsApp permission to help aid financial transaction with banks via Unified Payments Interface (UPI). The spokesperson further added, “We still do not have a launch date but this terms and policy update brings us one step closer to full launch.”

Paytm, one of the company’s competitors has been in beta testing for the last few months and industry watchers expect the company to launch the full service in the next few weeks

WhatsApp spokesperson said that “We’ve added new features like interoperability that requests additional information from users of WhatsApp payments  and  of any BHIM UPI-enabled app.” WhatsApp collects the information of when a user sends, receive or request a payment. The date time and reference number of the transition are also collected.

WhatsApp takes “All the information we have to operate, provide, improve, understand, customize, support, and market our services”. The spokesperson added, “This includes using the information to provide payments and customer support, to protect you and others using our services from fraud, abuse, or other misconduct, and to review your account activity….. to determine whether you continue to meet our Service Terms and Payments Terms.”

mm
Safdarali Rizvi
Safdarali Rizvi the management graduate. Has been an avid book reader all his life so naturally loves playing with his words. His curiosity for discovering futuristic opportunities drives him to enlighten the entire Geekymint team with exclusive and intriguing news. He has a real passion for calisthenics and sports. His management abilities and hunger for learning brings tremendous value to our team.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

ThopTV – Download & install app Apk on Android, iPhone, iPad, iOS, MAC, PC, Firestick, FireTV

About ThopTV movies ThopTV has been around for many years, initially, a user could download the app for an...

9 best ThopTV alternatives for free streaming and Live TV

Streaming apps like Netflix, Amazon Prime, Hulu etc have all become a household name, thus proving that the Internet is the new...

Mobdro – Download & install app Apk on Android, iPhone, iPad, iOS, MAC, PC, Firestick & FireTV 

About Mobdro Mobdro App is one of the latest introduction into the free movie streaming app market. Mobdro is rapidly dethroning some of the big...

Cyberflix TV 3.3.1 – Download Cyberflix App Apk on Android, iPhone, iPad, iOS, MAC, PC & Firestick

About CyberFlix TV CyberFlix TV is an online streaming app on which you can watch free movies and TV Shows. The app has been shut...

Download Kissanime App Apk on Android, iOS, PC, Firestick, Roku (Latest Update)

What is kissanime Kissanime is a free anime streaming website if you ask any anime lover about the best website to watch the latest anime...

Random Post

Top 10 houseparty alternatives|Houseparty updates|Is Houseparty safe?

Houseparty app is a video chatting app in which you can play games with your friends while video chatting with them. Now, how cool...

ReelGood announces the launch of its app on Android TV devices

Earlier today Reelgood announced that its app is now available on Google’s Android TV Platform. There are several streaming...

How to check the Download Limit on Amazon Prime Video?

Amazon is the largest eCommerce company in the world and in 2006 Amazon Prime Video was started as Amazon Unbox. Since then...

FC Barcelona set to offer crypto tokens in a partnership with a leading Blockchain Platform

Earlier today, arguably the best football club in the world, Barcelona FC, announced a partnership deal with Chiliz, a leading blockchain company.  Through this partnership...

Honda CB shine becomes the largest selling motorcycle in the 125-cc segment

In August 2018, the Honda CB shine had sold 1,08,790 units making it the largest selling 125 cc bike and this the third time...