WhatsApp Pay can now be rolled out to 100 million users in India

Last November, WhatsApp was given permission to increase its user limit in India from 20 million to 40 million. A few months later, the National Payments Corporation of India granted approval to the popular Mehta-owned messaging platform to expand the reach of payments services to an additional 60 million users, adding a total of 100 million WhatsApp Pay Now you can. Indian users.

WhatsApp Pay now reaches 100 million users in India

WhatsApp Pay could have a user base of 100 million people in India, five times more than when it officially launched in 2020 . The decision was part of a plan, and to make things go smoothly, WhatsApp needed to roll out payments services in India in stages.

A WhatsApp spokesperson confirmed this information to TechCrunch , saying, “The National Payments Corporation of India (NPCI) has approved the addition of 60 million more UPI users to WhatsApp.” The approval will allow WhatsApp to expand its service to 100 million users. “

The decision is also a result of the aforementioned “significant” investments the messaging platform decided to make last year. It has been revealed that the platform will make these investments over the next six months to expand the popularity and market share of WhatsApp Pay.

This decision will help WhatsApp Pay reach more users than before and compete against other best UPI apps in India such as Google Pay, Paytm, and even PhonePe, which currently dominate this space in India. It could become your go-to payment service for

This comes at a time when NPCI has stipulated that no player in the UPI sector should have more than 30% share of total UPI transactions during a quarter . While this could be helpful for WhatsApp Pay, it remains to be seen how this change will impact all UPI players in the market.

Now that WhatsApp has reached 100 million users in India, we’ll see if it eventually introduces new features and ways to engage users and make it as important for payments as it is for messaging. Probably. We will keep you informed about future updates. Until then, let us know in the comments section below if you are open to using WhatsApp Pay instead of Google Pay or Paytm.