Using whatsapp app sending money through WhatsApp will be as easy as sending messages to any person in contact claim its creators
To make this feature available in India, the Facebook backed messenger company closely worked with the National Payments Corporation of India (NPCI) and uses the most popular (in India) Unified Payment Interface (UPI).
Alongside, WhatsApp also joined hands with India’s five leading banking service providers the State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and Jio Payments Bank.
Like the messages, all the payments will also be secured and private. In fact, a personal UPI Pin also will be there to put before each transaction.
The update for both Android and iOS just started to roll out in India .
However due to limited access 20 million accounts permission by RBI all users in India can’t have this features
In case one didn’t receive, no need to panic but got to wait for some time.
So to check How to Setup WhatsApp Pay..
To pay or receive money via WhatsApp, just like other platforms, you need to setup the WhatsApp Pay. Here’s the process
Update WhatsApp application and open it
Click on the three dots in the top right corner
Go for ‘Payments’
Select ‘Add new payment method’
Hit on ‘Accept and Continue’
Choose your bank
Click on ‘Verify via SMS’ to verify your phone number
[Note: Make sure your WhatsApp number and the phone number registered in the selected bank are the same]
Hit ‘Allow’ twice to let WhatsApp verify your SIM and send SMS to authenticate your account
WhatsApp now displays you all the accounts registered with your number in the particular bank.
Pick one that you what to use during the UPI transactions
The payment method will be visible on the payments page once you finish all the process successfully.
If you are familiar with Paytm, PhonePe, Google Pay, or other services, WhatsApp Pay will not be a hard thing for you. Have a look :
Open the chat whom you want to send money
Click on the clip icon at the bottom
Go for the ‘Payment’ icon
Enter amount and note (optional) and proceed
Enter UPI Pin
A confirmation message will appear in the conversation