whatsapp payment feature Available Now
You will now be able to make payments through the instant messaging platform WhatsApp. The National Payment Corporation of India (NPCI) has allowed WhatsApp to launch a UPI (Unified Payment Interface) based payment system. The instant messaging platform had been testing the payment method for two years, but the talk was stalled due to privacy concerns.
Discussions were constantly going on from Facebook to launch WhatsApp Pay to the Government of India. However, it has now been approved. A press release was released on Thursday by the National Payments Corporation of India. "Go Live has been approved for the WhatsApp payment system," it said.
The payment model was allowed to go phase wise live
According to him, the payment model of WhatsApp has been allowed to go live in phases. That is, it can be made live in different phases. Initially the company has got approval of 20 million (2 crore) UPI user base, but later its area will be increased in graded manor.
This is how this feature will work
WhatsApp payments will be available in ten regional languages in India. If your WhatsApp app already has a payment option, you can use it now. Otherwise you can check the payment option by updating WhatsApp.
To use WhatsApp Payments, customers need to have a debit card that supports UPI. By going to WhatsApp Payment option, you can select the bank and activate it by filling in the details.
WhatsApp said in its statement, from today, WhatsApp users in the country will be able to pay with this app. WhatsApp has teamed up with the National Payments Corporation of India to develop a UPI based payment interface and also focuses on data localization.
WhatsApp has partnered with five major banks for payment services. These include ICICI Bank, HDFC Bank, Axis Bank, SBI and JIo Payments Bank.
Notably that. Money can be sent from WhatsApp not only to WhatsApp but from WhatsApp to any UPI supported app. This means that even if someone is not using WhatsApp payment, you will be able to make payment through WhatsApp....
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