[{"data":1,"prerenderedAt":106},["ShallowReactive",2],{"technologies":3,"blog:whatsapp-partners-with-rural-banks-accelerate-digital-banking-adoption:":6},[4],{"slug":5,"label":5},"html",{"id":7,"source":8,"title":9,"slug":10,"url":11,"excerpt":12,"image":13,"author":14,"date":15,"date_formatted":16,"categories":17,"tags":21,"content":39,"seo":40,"related":41},22920,"wordpress","WhatsApp Partners with Rural Banks to Accelerate Digital Banking Adoption","whatsapp-partners-with-rural-banks-accelerate-digital-banking-adoption","\u002Fwhatsapp-partners-with-rural-banks-accelerate-digital-banking-adoption","WhatsApp Partners with Rural Banks: WhatsApp unveiled a pilot initiative with HDFC Pensions and its technology partner pinBox in July of last year to allow user...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002FWhatsApp-Partners-with-Rural-Banks-Accelerate-Digital-Banking-Adoption.jpg","Creative Team","2021-09-30T11:46:00+00:00","September 30, 2021",[18],{"name":19,"slug":20},"News","news",[22,24,27,30,33,36],{"name":23,"slug":23},"technology",{"name":25,"slug":26},"CAIT wants WhatsApp Facebook Boycott","cait-wants-whatsapp-facebook-boycott",{"name":28,"slug":29},"Technology News","technology-news",{"name":31,"slug":32},"WhatsApp Partners with Rural Banks","whatsapp-partners-with-rural-banks",{"name":34,"slug":35},"Rural Banks","rural-banks",{"name":37,"slug":38},"WhatsApp Partners","whatsapp-partners","WhatsApp Partners with Rural Banks: WhatsApp unveiled a pilot initiative with HDFC Pensions and its technology partner pinBox in July of last year to allow users to sign up for micro pensions.\r\n\r\nToday, WhatsApp is announcing that they will be working with rural and cooperative banks in India in order to accelerate the adoption and usage of digital banking for their underserved customer base.\r\n\"Last year, we had highlighted mobile banking services from leading banks which had reached meaningful numbers; however for us, banking via WhatsApp could only be achieved,\" says Abhijit Bose on September 28th.\r\n\r\n\u003Cspan style=\"color: #15a3bc;\">\"WhatsApp has been working with these institutions to help them understand how they can create a sustainable business model around offering services within WhatsApp, and together we hope to reach hundreds of millions of people,\"\u003C\u002Fspan> said Bose at the event.\r\nAccording to Bose, WhatsApp launched its UPI payment service in November of last year, nearly two years after its initial experiment, after getting approval from the National Payments Corporation of India (NPCI).\r\n\r\nHowever, the service is still restricted to 20 million users and currently has less than a 0% volume share in the market.\r\n\r\n\u003Cspan style=\"color: #15a3bc;\">\"The challenge for us is to make sure that people can use WhatsApp in a way that's safe, and not just this one-time thing - but something they will want to come back to,\" said Bose. \"We believe we are working towards realizing these goals.\"\u003C\u002Fspan>\r\n\r\nWhatsApp has partnered with the State Bank of India (SBI), ICICI Bank, HDFC Bank, and Axis Bank to deliver person-to-person payments for customers of these banks.\r\n\r\nWhatsApp is also partnering with Kotak Mahindra bank in order to bring small business loans into its app starting today.\r\n\r\nWhatsApp Partners with Rural Banks, The pilot project will begin with a limited number of users who are currently eligible for an SBI loan - it will be rolled out in phases before being made available to all WhatsApp's 200 million monthly active user base in India shortly after the pilot ends.\r\n\r\n\u003Cspan style=\"color: #15a3bc;\">\"We have been working on this product over the last year,\" says Bose at the event.\"With digital financial services, there are so many opportunities that we can explore together - because our products actually benefit from each other.\"\u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"color: #15a3bc;\">\"We are going to start with a pilot, which will be open only for customers of State Bank of India. We want to make sure that our implementation is working for them before it can be scaled up.\"\u003C\u002Fspan>\r\n\r\nIt's a limited pilot, but eventually, WhatsApp would like to expand this feature to its entire user base in India. They'll soon bring more partners on board as well.\r\n\r\nRead More: \u003Ca href=\"https:\u002F\u002Ftest.yugasa.org\u002Fnews\u002Fwhatsapp-has-penalized-225-million-euros-for-data-privacy-irish-regulator\u002F\">WHATSAPP HAS PENALIZED 225 MILLION EUROS FOR DATA PRIVACY TO THE IRISH REGULATOR\u003C\u002Fa>",{"title":9,"description":12,"image":13},[42,55,67,79],{"id":43,"source":8,"title":44,"slug":45,"url":46,"excerpt":47,"image":48,"author":49,"date":50,"date_formatted":51,"categories":52,"tags":54},37296,"WhatsApp adds a new \"search by date\" function to make navigating chats easier.","whatsapp-adds-a-new-search-by-date-function-to-make-navigating-chats-easier","\u002Fwhatsapp-adds-a-new-search-by-date-function-to-make-navigating-chats-easier","The well-known messaging app WhatsApp is releasing a new feature that will make sifting through conversations easier than before. Within a chat, the 'Search by...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2024\u002F03\u002Fsearch-by-date.jpg","Subrahmanyeswari","2024-03-11T13:46:01+00:00","March 11, 2024",[53],{"name":19,"slug":20},[],{"id":56,"source":8,"title":57,"slug":58,"url":59,"excerpt":60,"image":61,"author":49,"date":62,"date_formatted":63,"categories":64,"tags":66},37075,"Safeguarding Teenagers Online: Meta Platforms' New Safety Measures on Facebook and Instagram","meta-platforms-new-safety-measures-on-facebook-and-instagram","\u002Fmeta-platforms-new-safety-measures-on-facebook-and-instagram","Nowadays, when it comes to protecting teens from potentially harmful information and unsolicited contact, Meta Platforms, the parent company of Facebook and Ins...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2024\u002F02\u002FNew-Safety-Measures-on-Facebook-and-Instagram.jpg","2024-02-15T06:04:38+00:00","February 15, 2024",[65],{"name":19,"slug":20},[],{"id":68,"source":8,"title":69,"slug":70,"url":71,"excerpt":72,"image":73,"author":49,"date":74,"date_formatted":75,"categories":76,"tags":78},37069,"Navigating the Ethical Horizon: Towards a Global Framework for AI Governance","navigating-the-ethical-horizon-towards-a-global-framework-for-ai-governance","\u002Fnavigating-the-ethical-horizon-towards-a-global-framework-for-ai-governance","The introduction of ChatGPT in November 2022 was a turning point in the democratization of AI, and it created a demand for an international framework to guarant...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2024\u002F02\u002FFramework-for-AI.jpg","2024-02-08T06:49:53+00:00","February 8, 2024",[77],{"name":19,"slug":20},[],{"id":80,"source":8,"title":81,"slug":82,"url":83,"excerpt":84,"image":85,"author":14,"date":86,"date_formatted":87,"categories":88,"tags":90},34097,"The Manifest Names Yugasa Software Labs As One of The Most Reviewed NLP Companies In The World","yugasa-software-labs-the-most-reviewed-nlp-companies","\u002Fyugasa-software-labs-the-most-reviewed-nlp-companies","Natural Language Processing (NLP) is one of the more obscure industries in the online world. But its potential is limitless as businesses look for more ways to...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2022\u002F11\u002FThe-Manifest-Names-Yugasa-Software-Labs-As-One-of-The-Most-Reviewed-NLP-Companies-In-The-World.jpg","2022-11-17T07:46:07+00:00","November 17, 2022",[89],{"name":19,"slug":20},[91,94,97,100,103],{"name":92,"slug":93},"NLP","nlp",{"name":95,"slug":96},"Yugasa Software Labs","yugasa-software-labs",{"name":98,"slug":99},"The manifest","the-manifest",{"name":101,"slug":102},"Awards 2023","awards-2023",{"name":104,"slug":105},"NLP company","nlp-company",1789552816148]