WhatsApp, the largest instant sharing app in the world is now launched money transfer feature on Sunday. WhatsApp users can now send money through the app to thier friend’s bank account. The WhatsApp Payment feature is now available in India and it is connected with government’s UPI system. Actually, it is the only feature which is active now. You can transfer money from one bank account to another bank account with UPI feature. This feature is only available on new version. If you are using older version of WhatsApp Messenger then you will not find it. You first update it to the new version and then you will see Payment feature.
After this feature, WhatsApp is no longer just simple chatting app. It is now more than that, this month Facebook has released WhatsApp Business app for all marketers and now with the launch of Payment services it became more pro for all users. It is good that WhatsApp went with UPI based payment system. After the demonization in India, government has launched its own UPI based BHIM app. So with the help of this system more users will be beneficial.
This feature is in Beta mode so there are some features are missing from it. Like right now you can’t send money from your account to any wallet account. In the country many users uses PayTM, Airtel Money, Mobikwik, Google Tez and many rest. This feature may come into the next update. This is first version with this payment function, Facebook said it is fast, simple & secure option to send money. Users always need one simple & secure solution to send their money without any hiccups and WhatsApp may complete it.
To open payment option on WhatsApp go to Settings – > Payment or open it from Attachment – > Payment. To use WhatsApp Payment both sender & receiver should be on latest version, they both must have Payment feature. Currently, this feature is not available for all users in country. There is no date when it is available for all users. Also note that to use it your number must be same as your bank mobile number. If you are running on previous version then go to Play Store and download latest app version.