Neeraj Arora of WhatsApp steps down from Paytm's Board
As per news source, WhatsApp’s Vice President, Neeraj Arora has stepped down from the Board of Paytm. He was a member of the board of directors since 2015. The development comes hours after Paytm CEO Vijay Shekhar Sharma had tweeted an attack on WhatsApp, accusing it of “killing beautiful open UPI system with its custom close garden implementation.”
Vijay Shekhar Sharma criticized WhatsApp’s payments product and also claimed that it did not follow the UPI guidelines. In an article shared by him, it said that WhatsApp did not sufficiently allow for interoperatibility on its payment solution. Also, WhatsApp iOS app didn’t have the option to send payments to people outside WhatsApp, the option was hard to find on its Android app.
He also compared WhatsApp’s UPI approach with Facebook strategy which the latter used while trying to launch Free Basics in India.
Within hours of tweets being posted, Neeraj has resigned from the Paytm Board.
Neeraj Arora joined WhatsApp in 2011. He holds a degree in Mechanical Engineering from IIT Delhi in 2000, and finished an MBA from the Indian School of Business in 2005. Prior to this, he served Google where he’d led acquisitions and strategic investments for the company.
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