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HDB - Facebook: WhatsApp Faces Stiff Resistance In India Over Payments
HDFC Bank Limited
Facebook (FB) is conducting a trial of WhatsApp Payments in India and hopes to launch it in other countries in the future. The trial, expected to be completed by July, has irked the Indian government as it does not conform to the Reserve Bank of India's data localization norms. Therefore, the service which was expected to be rolled out last year may not even get launched this year.