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WhatsApp Pay Rollout in India Hits RBI Data Localisation Roadblock, Arctic Gets 100Mbps High Band-Width Broadband Connectivity

Professor of Financial Economics and Part-time Value Investor, Transfin.
Nov 8, 2019 1:49 PM 1 min read

WhatsApp Pay rollout hits RBI roadblock. Arctic gets high band-width broadband connectivity.



RBI raises data localisation concerns over the roll out of WhatsApp Pay.

The Reserve Bank of India has asked the National Payments Corporation of India (NPCI) to ensure that WhatsApp Pay is fully compliant with data localisation norms before it gets permission for a full-scale launch of its services. WhatsApp Pay needs to keep all financial data in every form in India. Financial data in any form cannot at any given point be stored abroad, it emphasised. Non-compliance could block the rollout of WhatsApp's payments service in India. 


WhatsApp Payments, which is based on the unified payments interface (UPI), has been delayed and stuck in beta for over a year. Inc42


Arctic gets 100Mbps high band-width broadband connectivity.

And to May More...: In a first, small-satellite startup Kepler’s nanosatellites have successfully provided over 100Mbps of network speed to the Arctic. Kepler’s nanosatellites have successfully demonstrated achieving over 100Mbps of network speed to a German icebreaker sea vessel that acts as a mobile lab for the MOSAiC research expedition. TechCrunch


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