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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The proposed payments service has languished in regulatory and legal limbo. This is the story of why.
“Two-plus years of beta is unheard of. Either allow them or kill them, what is the point of keeping them in limbo for so long? Only infrastructure projects can last that long, like a bridge getting built forever. But here you are talking about technology.”
This, from a senior banker, sums up the state of WhatsApp Payments in India.
When, in February 2018, the world’s most popular messaging app announced the beta launch of a payments service built on the Unified Payments Interface—the National Payments Corporation of India’s game-changing digital payments platform—little did it know that it was in for …
The loan aggregator keeps sending updates on WhatsApp even to users who haven’t applied for a loan. The company is exploiting a grey area in India’s telecom regulatory framework and WhatsApp’s policies.
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
Billionaire Mohamed Alabbar goes for the Indian Ocean archipelago, India’s PhonePe gets UAE approval, and other updates from the week.
