WhatsApp Payments is a digital payment service offered by WhatsApp, which allows users to send and receive money using the WhatsApp messaging app. The service is based on the Unified Payments Interface (UPI) platform, which is an instant real-time payment system developed by the National Payments Corporation of India (NPCI).
WhatsApp Payments allows users in India to send and receive money directly from their bank accounts using the UPI platform. The service is available to users who have a bank account in India and a valid Indian phone number. Users can link their bank account with WhatsApp and make payments to their contacts using the messaging app. The service is designed to be easy to use, secure, and fast, and is integrated seamlessly with the WhatsApp messaging app.
How to Use WhatsApp Payments on Your Android Smartphone step by step
here’s a step-by-step guide on how to use WhatsApp Payments on your Android smartphone in India:
- Make sure you have the latest version of WhatsApp installed on your Android smartphone. You can check for updates on the Google Play Store.
- Open WhatsApp and go to the chat of the person you want to send money to.
- Tap on the attachment icon (the paperclip icon) in the chat and select ‘Payment’ from the options.
- You will be prompted to set up WhatsApp Payments. Tap on ‘Setup Payment Account’.
- You will be asked to verify your phone number with SMS. Make sure your phone number is correct and tap on ‘Verify via SMS’.
- You will receive an SMS with a verification code. Enter the code in the WhatsApp app and tap on ‘Submit’.
- On the next screen, you will be asked to select your bank. WhatsApp currently supports a number of banks including ICICI Bank, HDFC Bank, Axis Bank, and State Bank of India.
- Once you have selected your bank, you will be prompted to link your bank account with WhatsApp. Follow the on-screen instructions to do this.
- Once your bank account is linked, you can start sending and receiving money through WhatsApp. To send money, simply enter the amount you want to send and tap on ‘Send’. You will be prompted to enter your UPI PIN to complete the transaction.
- To receive money, simply ask the person to send you money through WhatsApp. You will receive a notification when the money is transferred to your account.
That’s it! You can now use WhatsApp Payments to send and receive money on your Android smartphone in India.
WhatsApp Payments is generally considered safe, as it is based on the secure and reliable Unified Payments Interface (UPI) platform developed by the National Payments Corporation of India (NPCI). The service uses end-to-end encryption to secure user data and transactions, which means that only the sender and the recipient of the transaction can see the transaction details.
WhatsApp Payments also requires users to authenticate transactions using a UPI PIN, which is a secure 4-6 digit code that is known only to the user. This adds an extra layer of security to transactions, as it prevents unauthorized access to the user’s bank account.
However, it is important to note that users should take precautions to ensure the security of their WhatsApp Payments account. For example, users should not share their UPI PIN with anyone, and should avoid clicking on suspicious links or providing their banking details to unknown persons. Additionally, users should always make sure that they are using the official WhatsApp Payments service and not a fake or fraudulent app.
WhatsApp Pay FAQs
Is WhatsApp payment available in India?
Yes, WhatsApp has finally rolled out the WhatsApp Pay feature for all users in India on November 6. However, it may take some time to reach all users.
How to setup WhatsApp payments?
To set up WhatsApp payments, launch WhatsApp and tap on the three dots given on the top right, and select Payments. From here, tap on the ‘Add payment method’ and link your bank account and you’ll be good to go.
How do I activate WhatsApp payment?
You can activate WhatsApp payment on your app by adding your bank account and activating your UPI ID with the registered mobile number.
How to send money to someone on WhatsApp?
In order to send money on WhatsApp, open the chat to whom you want to send the money and tap the attachment icon, and then select payment. Verify your debit card details, enter UPI PIN and money will be sent to that person
How can I use WhatsApp pay in India?
To use WhatsApp pay in India, you must update your WhatsApp to the latest version and then check if your app supports the new feature. After that, follow the above-mentioned steps to activate it by adding your bank
How to receive money on WhatsApp?
First of all, you need to update your app to get the WhatsApp payment feature. After that, add your bank account. Now, you are ready to receive the payment.
You can request money from anyone by following the same steps as sending money. You can also share your QR Code with someone who wants to send you money.
Whom can I send money to on WhatsApp?
You can send money to anyone on WhatsApp who has the latest feature and has added his bank account with it.
Do I need a bank account to send money on WhatsApp?
A: Yes, you need a bank account, and a debit card to set your UPI ID on WhatsApp in order to use WhatsApp pay.
How to add your bank account on WhatsApp?
Tap on three-dot and from menu select Payments and from next page select your bank from the list and wait for verification with your registered mobile number. Tap Done and it will be added.
What to do if someone hasn’t received the WhatsApp payment you sent?
If the payment is complete from your end and your contact hasn’t received it, well, it can sometimes take up to 4 business days for the fund transfer to complete.
However, you can still contact WhatsApp support for more information on the status of your payment by tapping on the payment message and then tap on Help.
Is WhatsApp payment safe?
Yes, WhatsApp payments are completely safe and the user data is secured with it. Also, sensitive data such as debit card details and UPI PIN are not stored.
Does WhatsApp save any transaction details?
WhatsApp doesn’t save any details and it only shares the transaction information to the bank partner and to NPCI, so “they can facilitate” the payment.
WhatsApp Payments is a peer-to-peer payment system that allows users in India to send and receive money through the WhatsApp messaging app. The service is based on the Unified Payments Interface (UPI) and is available to users who have linked their bank accounts to WhatsApp. The feature was launched in India in 2018 and has since gained popularity among users. However, its widespread adoption has been limited by regulatory challenges and concerns around privacy and security. As of early 2023, the service is still not available to all WhatsApp users in India.