NE BUSINESS BUREAU
AHMEDABAD, NOV 14
WhatsApp, which began testing its payments service in India with 1 million users in early 2018, has finally started to expand the feature to more users in the world’s second-largest internet market.
The Facebook-owned service said on Friday that it is rolling out payments in ten Indian regional languages in the latest stable version of WhatsApp app on Android and iOS. The announcement comes hours after the National Payments Corporation of India (NPCI), the body that operates the popular UPI payments infrastructure, said that it had approved WhatsApp to roll out UPI-powered payments in the country.
With this launch, WhatsApp is excited about the opportunity to contribute to the country’s priority of financial inclusion.
How to set up payments on WhatsApp
The payments feature will automatically appear in your latest version of WhatsApp, both on iOS and Android, just like any other new feature introduced by the platform
- To get started, open your chat with the person you want to send money to and tap ‘Attach’ (+) as you normally would to send an image, document or contact.
- Next, choose ‘Payment’
- Fill in your debit card details, to verify your card and
- Set up your UPI PIN
- Tap, ‘Ok’ and you’re officially set up.
How to send money on WhatsApp
Sending money on WhatsApp is as easy as sending a message – it’s hassle-free and does not require you to have a separate wallet or download a new app.
- Start by, opening your chat with the person you want to send money to and tap ‘Attach’ (+) as you normally would send an image, document or contact.
- Next, choose ‘Payment’
- Enter the amount
- Adding a message is optional and simply helps you keep track of the purpose of your payment
- Next, verify the transaction with your personal UPI PIN and you’re done!
To send money on WhatsApp in India, it’s necessary to have a bank account and debit card in India. WhatsApp sends instructions to banks, also known as payment service providers, that initiate the transfer of money via UPI between sender and receiver bank accounts. Just like every feature on WhatsApp, Payments is designed with a strong set of security and privacy principles, including entering a personal UPI PIN for each payment. Payments are available now in ten Indian regional language versions of WhatsApp. All you need is a debit card with a bank that supports UPI and you can set it up straight away.
