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Government’s nod awaited to start WhatsApp payment feature in India: Zuckerberg
New Delhi, July 27 (IANS) Facing intense scrutiny in India over the spread of misinformation and fake news on WhatsApp, its parent company Facebook has said it is waiting for a green signal from the government to roll out peer-to-peer payments feature for over 200 million users on the instant mobile messaging platform.
In an earnings call with analysts after reporting its Q2 2018 results, CEO Mark Zuckerberg said the company has been testing the payment feature on WhatsApp in India for some time.
“It gives people a really simply way to send money to each other and contribute to greater financial inclusion. The feedback and usage have been strong. All signs point to a lot of people wanting to use this when the government gives us the green light,” Zuckerberg said.
Earlier this year, WhatsApp launched a beta version of its Payments feature in India for nearly one million users.
The move — set to give a tough competition to market leader Paytm — evoked criticism from digital payment services who sought fair play, claiming WhatsApp has custom-implemented Unified Payments Interface (UPI) system which is not secure and flouts norms laid out by the National Payments Corporation of India (NPCI) that has developed the UPI system.
Paytm founder Vijay Shekhar Sharma also demanded a level-playing field for all UPI-based apps.
Clearing the air on the issue of “lack of fair play”, the NPCI in February said that the full-scale public launch of the feature will be permitted only after the Facebook-owned platform meets all the required norms.
“Currently, NPCI has given its consent to roll out WhatsApp BHIM UPI beta launch with limited user base of one million and low per transaction limit,” said the corporation.
“Four banks will join the multi-bank BHIM UPI model in phases and full feature product shall be released after the beta test is successful,” the NPCI added.
Beta testers in India found their WhatsApp interface displaying a large list of supported banks and they can see a payments feature appear in their WhatsApp Settings menu.
But there was no news from WhatsApp after that.
According to Zuckerberg who lost almost $17 billion within an hour after the company reported slow users’ growth in Q2 2018, “we’ve broadened our focus to building this [Payments feature] for other countries so we can give more people this ability faster”.
Hauled up this month by the Indian government on its failure to check the spread of fake and provocative content on its platform amid growing lynching episodes, the Facebook-owned platform on July 20 launched a test to limit message forwarding to five chats that will apply to its users in India.
At least 30 people have lost their lives by lynch mobs after rumours, including that of child lifting, triggered via messages on WhatsApp.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.