This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

WhatsApp Pay gets go-ahead in India after fulfilling data-localization norms

( November 5, 2020, 22:29 GMT | Official Statement) -- MLex Summary: WhatsApp Pay has been given approval in India to go live after months of wrangling over rules that require it to store payment data only on servers located in India. WhatsApp launched its payment service in India — where the messaging service has more than 400 million users — in early 2018, but couldn't scale it beyond one million users until it was in compliance with the rules. On Thursday, the National Payments Corporation of India said WhatsApp would work with multiple banks to roll out its payments service in a graded manner, starting with 20 million users. The press release is attached. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents