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NEWSLIVE TV APPMAGAZINE NewsTechnologyNews As WhatsApp Pay goes live, India brings new rule to limit use of Google Pay, PhonePe and other UPI apps NPCI, the nodal agency for retail payments system in India, has said that no third party will be allowed to do more than 30 per cent of all UPI transactions. The move is likely to hit Google Pay and Phone Pe. Yasmin Ahmed New Delhi November 6, 2020UPDATED: November 6, 2020 17:34 IST NPCI has capped a 30 per cent limit on all Third Party Payment Apps effective from January 1, 2021. (Picture:Google PlayStore) HIGHLIGHTS NPCI says that third-party payment apps cannot do more than 30 per cent of all UPI transactions. The move will help keep the market competitive, says NPCI. The 30 per cent cap is likely to hit Google Pay and PhonePe. Aday before National Payments Corporation of India (NPCI) approved WhatsApp Pay in limited manner for now it is only allowed to have 20 million UPI users in India the nodal agency for the retail payment system...