WhatsApp Pay which went live in India in November last year is being rolled out to more users. Several WhatsApp users have reported getting a prompt on their WhatsApp app asking them to set up micropayments. WhatsApp Pay, as the name suggests, lets users send money from their bank accounts.
Is WhatsApp pay available in India?
WhatsApp has added a new feature to the Payments feature for all users in India. … WhatsApp Payments in India uses the Unified Payments Interface, or UPI method, to make bank account to bank account money transfers in real time.
When WhatsApp payment will launch in India?
WhatsApp Pay was launched in February 2018 in India as part of a trial run. Payments through WhatsApp were introduced to a million users under a partnership with ICICI Bank. On February 7, 2020, the messaging app received NPCI’s approval to roll out its digital payment service in a phased manner.
How can I get WhatsApp pay in India?
Steps to register for WhatsApp Pay
- Step 1: Open WhatsApp on your device. …
- Step 2: Click on the option ‘Payments’.
- Step 3: Click on the ‘Add payment method’ option.
- Step 4: Now, select the bank in which you’re registered or where you’ve your account. …
- Step 5: Next, tap on your bank account.
Why WhatsApp pay failed in India?
After facing regulatory roadblocks and data compliance issues with the Reserve Bank of India (RBI) for more than two years, WhatsApp finally went live with the UPI payment service in India in November last year, after receiving a nod from the National Payments Corporation of India (NPCI).
How do I activate WhatsApp pay?
Under the Payments menu, click on Add New Payment Method, select your bank, and tap Verify via SMS to authenticate your bank account. Now, tap Allow to let WhatsApp verify your number and send a text to authenticate your account.
How do I activate WhatsApp Policy 2021?
When did WhatsApp pay start?
It took a good over a two-and-a-half-year period for Facebook-owned WhatsApp to roll out its much talked about payments service in November 2020 from around February 2018 when the messaging giant had started testing the feature.
In which countries WhatsApp payment is available?
As for now, WhatsApp Pay is only available in India and Brazil. Users must have a phone number in these two countries to make this feature work. While Apple Pay just launched in another country today, Facebook’s payment method is still in the early days of expanding.
Where is WhatsApp payment available?
WhatsApp Payment, a payment feature by Facebook-owned WhatsApp, is now available for up to 20 million users in India. The facility has been launched with support from banking partners including the State Bank of India (SBI), HDFC, ICICI, and Axis Bank.
Does WhatsApp pay you?
Money Message is a secure platform, by Nedbank, which lets you make payments and get paid through WhatsApp. To get paid you’ll follow our guidance in a chat to create and send bills (with your business details) to customers.
What is the full form of UPI?
A Unified Payment Interface (UPI) is a smartphone application that allows users to transfer money between bank accounts. It is a single-window mobile payment system developed by the National Payments Corporation of India (NPCI).