What’s WhatsApp Pay: Here’s a Step By Step Guide Of How It Works

Oka 2 years ago, Ante 2018 lo WhatsApp mana India lo oka 1 million limited beta users ki WhatsApp pay ane feature ichi, Oka 2 years test chesindi. Now its finally ready to use for everyone and has launched officially.

The official approval for India:

The National Payments Corporation of India’s (NPCI’s) nod. NPCI, which runs the Unified Payments Interface (UPI), had on Thursday allowed WhatsApp to start its payments service in the country in a “graded” manner.

Zuck said: As easy as sending a message

“Starting today, people across India will be able to send money through WhatsApp. This secure payments experience makes transferring money just as easy as sending a message. People can safely send money to a family member or share the cost of goods from a distance without having to exchange cash in person or going to a local bank,” the Facebook-owned company said in a blogpost.

WhatsApp Pay will compete with Google Pay, PhonePe, Amazon Pay and Paytm.

Designed in patnership with NPCI, using UPI, WhatsApp Pay is supported by over 160 banks.

If you’re wondering, How to use WhatsApp Pay or how does it work, Here’s a step by step guide for you:

  1. Click on the three-dotted icon on the home screen to start using WhatsApp Pay.
  2. You must first add a payment method by clicking on ‘payments’
  3. You should select the bank and verify through SMS to set up UPI ID.
  4. You should select the ‘attachment’ icon and select ‘payment’ from chats to make payments.
  5. You need to enter UPI PIN to complete the transaction.

Anthe, simple.

WhatsApp has partnered with five leading banks in India including ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank.

“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,” WhatsApp said.

You can also send money through WhatsApp to anyone who is using an app that supports UPI.

Users can only send money to contacts that have their UPI information set up in Whatsapp. Users can also take the help of the barcode scanner to send money to users that are not there on their contact list.

WhatsApp will make users enter UPI PIN for every payment to enhance security and privacy on the app. The company has said that “payments is designed with a strong set of security and privacy principles”.

WhatsApp Pay is now available for everyone (both Android and iOS), If you’re unable to find it, Try updating the app.

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