WhatsApp had sought permission from the National Payments Corporation of India (NPCI) to allow UPI payment system through their channel.
Demonetisation anniversary: CTO Rahul Chari explains how PhonePe grew from 10,000 transactions a day to a million
According to Rahul Chari, the company's transactions are almost doubling every two months. He does not see that changing in the near future despite cash returning into the system
The payment service, called Google 'Tez', will offer payment options beyond the existing ones like Google Wallet or Android Pay, the report said.