WhatsApp to double payments offering from 20 million to 40 million users in India
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The National Payments Corporation of India (NPCI) has approved increasing the user cap for WhatsApp's payment service from 20 million to 40 million, thus intensifying competition in the Indian digital payments industry. WhatsApp announced earlier this month that it is lobbying for an increase in the user cap above 20 million and that this is being considered by NPCI.