Whatsapp Payments UPI Based
The growth of WhatsApp day by day increase due to this great news come from the WhatsApp, they introduced new feature which is called WhatsApp Payments. WhatsApp Payments has reportedly started rolling out. The UPI-based feature was spotted by Beta testers of WhatsApp on Android and iOS. As per a tweet by WABetaInfo, the new payment option is showing up for beta testers on version 2.18.21 for iOS and 2.18.44 on Android. The feature is said to be rolling out only for Indian users and can be accessed via the app’s settings.
Some users on Twitter also posted screenshots of the new WhatsApp payments feature. As per the images, the new ‘Payment’ option is listed in the app settings and tapping on it opens a new window where users need to accept terms and conditions, before enabling the feature. Then, similar to the other UPI based payments apps like Tez and PhonePe, users need to verify their mobile number and add their bank account details to use the payments system.
Image Created to WABetaInfo
Which Banks Allow and How Use!
In the beta versions for both iOS and Android, WhatsApp currently shows the payment feature and the list of partner banks. Some of the listed banks include Axis Bank, HDFC Bank, ICIC Bank, and State Bank of India. Airtel’s Payments Bank is also included in the list.
The report further states that as of now WhatsApp isn’t allowing users to link their accounts. If you have an account with any of the banks listed you can create a UPI login ID and start using the payment method. WhatsApp was reported to launch its peer-to-peer payment service latest by February. With the beta version already out for select users, it shouldn’t be long till the stable roll out happens.
Although, a little late into the game, WhatsApp with over 200 million users in India itself will surely leverage from its upcoming payment method. Another advantage is of WhatsApp integrating the payment method into the app itself instead of launching it separately like WhatsApp Business.
Which Apps Supported and Launch?
WhatsApp had confirmed working on a payment feature last April. Gradually, there were reports of users ‘seeing’ the feature on the beta versions of WhatsApp. However, today’s sighting is the first proper evidence of the UPI-based payment service on WhatsApp.
In India, there are many apps which have integrated UPI payments method. Some of the popular ones include Truecaller, Hike and Paytm. Google also launched its standalone payment app Tez in India last September.
A previous report said that an icon with the Rupee symbol will be added to the attachments window, alongside the location and contact option using which one will be able to send or request money. However, it seems that this is not the case as the company has decided to place the new option in settings.