Vijay Shekhar Sharma - wikifeed
Technology

Whatsapp payment feature is a big threat to security: Paytm CEO Vijay Shekhar Sharma

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Whatsapp payment feature is a big threat to security: Vijay Shekhar Sharma.

After the launch of Whatspat’s digital payment system, Paytm, the country’s largest digital payment company, is in the process of filing an appeal against WhatsApp. Paytm CEO Vijay Shekhar Sharma,  said his company will file an appeal against the company’s request against the digital payment of WhatsApp. He said that WhatsApp instant messaging application has used many unfair methods to start in the field of digital payments.

Vijay Shekhar Sharma - wikifeed

Vijay Shekhar Sharma, describing the new features of What’sapp as a major security threat, has said that due to the launch of this WhatsApp feature, the issue of the security of digital transactions can be questioned. He alleged that WhatsApp did not follow the rules to land in the field of digital payments. The CEO of paytm said that the login and the Aadhaar card are not mandated to send money from WhatsApp.

Vijay Shekhar Sharma - wikifeed

paytm has spoken about the filing of a lawsuit against her at the National Payments Corporation of India (NPCI). Significantly, the NPCI has prepared the UPI system. The CEO of paytm said that WhatsApp has altered the rules according to their own needs. He said that WhatsApp began his test. Millions of users have had the freedom to use the payment function of WhatsApp as proof, while 5 to 7 thousand people have this permission in the trial version.

Read More: WhatsApp Business App Launched in India for Small Business

Significantly, there are 20 crore Whatsapp users in India at the present time. In this case, after the new features of Whatsapp have come up, it can be a big loss to paytm.

 

 

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