How to make payments through WhatsApp

WhatsApp can make payments under the recently through the application live. He was convenient for users to start WhatsApp pay, so. Now people can send money using so your own chat application supported UPI anyone. Last month, the National Association of WhatsApp (NPCI) took participation payment service. However, the 400 million user base in the country, will be brought WhatsApp pay only 20 million WhatsApp users.

NPCI said in a press statement that the UPI payment system is not part of a third-party app. All UPI behavior will be allowed to carry out more than 30 per cent. This includes salaries WhatsApp. Transaction volume will be measured over the last three months rolling basis. And rules so on January 1, will apply from 2021.

When was WhatsApp Pay introduced?

WhatsApp Pay was launched in India in February 2018 as part of a trial. WhatsApp payments were introduced to millions of users under the ICICI Bank partnership. On February 7, 2020, so the messaging application has received NPCI approval to roll out its digital payment services in a revoked manner. In the first phase, WhatsApp will offer payment services to users in 10 million countries.

How to enable WhatsApp Pay?

To use WhatsApp Pay, a payment must be initiated to contact the user. Once the request is received, the user can set up their UPI account on WhatsApp.

How to use WhatsApp Pay?

Users can send money directly to the chat by tapping on the File Share icon and selecting ‘Pay’. Available on the shortcut menu in the ‘Pay’ section. Users can check their transaction history and account details in that section. The payment system works where the Unified Payments Interface (UPI) method funds transfer can be initiated without providing the bank account number and recipient IFSC code.

WhatsApp Pay: Modes of transaction

Give WhatsApp users only, then it allows UPI ID enabled contacts to send money. Let WhatsApp users enter UPI ID and can not send money. Through QR codes, WhatsApp users can send money to people who are not on their contact list.

How to make payments through WhatsApp:

To get started with payments on WhatsApp, you’ll first have to link your bank account to the service. UPI works primarily with your phone number, and the service works with all major banks in India. The best part is that even if you don’t have a UPI account set up with your bank, you will be able to use the payments option within WhatsApp as it will create a UPI ID for you. Here’s what you need to know:

1. Open WhatsApp from the app drawer or home screen.

2. Select the action overflow menu (three vertical dots on the top right corner).

3. Hit Payments.

payments WhatsApp — image source: androidcentral.com

4. Select Add new payment method.

5. Select Accept and continue to get started.

6. Choose your bank from the list. This should ideally be your primary UPI account.

7. You must now verify your phone number. Make sure that the WhatsApp number you are using is the only one registered with your bank account. Verify via SMS Press to authenticate your bank account.

8. Hit Allow to let WhatsApp verify that the SIM card is the one registered with your account.

9. Tap Allow again for WhatsApp to send texts to authenticate your account.

10. WhatsApp will now pull up all the accounts registered to verify with your bank and your number. Select the payment you want to use to finish set up.

11. Hit Done to finish setting up WhatsApp Pay.

12. You should now see the payment method listed in the payments page.

How to send and receive money via WhatsApp:-

Sending and making money via WhatsApp is very easy. The Payment Options Conversation Window and Transfer Money (or Request) is easy to show up live it can get:

1. Select the contact you want to send money to.

2. In the conversation window, select the clip icon.

3. Choose Payment.

4. Select the amount you’d like to send (you can also add a note).

5. Enter your UPI PIN.

6. You’ll see a confirmation message show up directly in the conversation window once the transaction is done.

Users must remember that the person they are sending money to must also give WhatsApp on their phone. Case users this is not, they can ask someone to let them know WhatsApp. Once the recipients are ready to pay, the sender will be notified if the WhatsApp recievers receive a contact payment notification. WhatsApp then asks you to set up your payment account. Once the set-up acceptor option is clicked they will be able to create an account on WhatsApp for money.

WhatsApp has also rolled out WhatsApp business accounts trains. WhatsApp shopping is intended to help users and help online businesses happen through convenient chat. Users browse a catalog, select multiple products, and will be able to send a message order for trains business.