Advertisement

WhatsApp rolls out the Payments feature Finally in India .

WhatsApp rolls out the Payments feature finally to send and receive money through UPI in India. This payment feature is rollout after 2 years.

Advertisement

WhatsApp is one of the most popular instant messaging apps. You must be using WhatsApp to stay connected with your friends, colleagues, and others. Recently WhatsApp has launches the Messages disappearing messages feature that disappear your sent messages after seven days.

Now WhatsApp has rolled out the Payments feature in India after two years. Today I am explaining to you about the WhatsApp payments feature. Read this post till the end to know more about this.

Advertisement

Also, Read Set up your WhatsApp Payments to send and receive money.

Here are the full details about the WhatsApp Payment.

WhatsApp has rolled out its payments feature finally in India. With the help of this new feature, you can now send and receive money across all countries. Now, this payment feature is available for both Android and iOS. The WhatsApp payments use the UPI (Unified Payment Interface) platform like Paytm, Google Pay, and Walmart owned Phone Pe.

Advertisement

You must have to bank account and debit card in India to send or transfer money with the WhatsApp Payments platform. WhatsApp sends instructions to the banks to initiate the transfer of funds between accounts through UPI. When you are settings up your WhatsApp payments account.

It will ask you to verify your phone number. Also, the System generated SMS will be sent to your phone to connect your UPI ID to the service. You will be able to send money to your WhatsApp contacts or other bank accounts through UPI ID once you have done you setting up.  WhatsApp will have to figure out how to limit transactions on their platforms. Now one payment app will be allowed to process more than 30% of the country’s total UPI transactions.

Also, Read Reliance Jio launched the UPI ID payment in my Jio app.

Currently, WhatsApp is working with the ICICI Bank, HDFC Bank, Axis Bank, State Bank of India, and Jio Payments Banks to facilitate UPI payments. According to the National Payments Corporation of India (NPCI), it can only roll out payments in a graded manner starting with a maximum user base of 20 million. But WhatsApp has over 400 million users in India.

For the latest tech news, follow Hogatoga on Twitter, Facebook, and Google News For the latest videos tech-related, Subscribe to our youtube channel and Newsletter.

Advertisement

10 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

0FansLike
0FollowersFollow
4,091FollowersFollow
0FollowersFollow
0SubscribersSubscribe

Subscribe to our newsletter

Sign up here to get the latest news updates and special offers delivered directly to your inbox.

Read More

error: