Home News WhatsApp payment service now in antitrust watchdog’s radar in India: report

WhatsApp payment service now in antitrust watchdog’s radar in India: report

WhatsApp is said to offer its digital payments service within its messaging app

Highlights

WhatsApp is gearing up to roll out its UPI-based payment service later this month, but the  launch may not happen without a few hiccups. The messaging service has reportedly been charged with an "antitrust" complaint that alleges that the company is "abusing its market position". As per a report by Reuters (citing three sources), India's antitrust watchdog Competition Commission of India (CCI) is reviewing a complaint that the Facebook-owned messaging service is using its vast user base to gain an edge in the payments service sector. "This is said to harm the competition and violate the country's antitrust laws," the report added. WhatsApp has around 400 million users in India, its biggest market worldwide.

Show Full Article
icon Join 91mobiles WhatsApp Channel