WhatsApp Payment is live now; Steps to activate this feature

WhatsApp Pay is live now with 4 banks in India. Facebook-owned WhatsApp keeps on adding new features for its users. They first proposed the idea of introducing the payment feature in India in 2018 but it took the company two years to receive approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.

WhatsApp Pay on Wednesday announced it is now live in India. WhatsApp Pay goes now live with State Bank of India, HDFC Bank, ICICI Bank and Axis Bank.

There are currently up to 20 million WhatsApp payment users can support this feature. WhatsApp Payments will be competing with payment platforms including Paytm, PhonePe, Amazon Pay and Google Pay, to name a few.
The peer-to-peer (P2P) payment feature is designed with a strong set of security and privacy principles, including entering a personal UPI PIN for each payment, the company said.

Steps to add your bank account on WhatsApp using Android:-

Step 1: Go to Whatsapp on your Android device and tap ‘More options‘(three dots).

Step 2: Tap Settings > Payments > Add new account.

Step 3: Tap ‘Accept and Continue’ in WhatsApp Payments Terms and Privacy Policy

Step 4: Select the name of your bank from the list of banks

Step 5: Tap Verify via SMS > Allow.

Step 6: Select your respective bank account to send and receive payments with WhatsApp and click on ‘Done’.

Steps to add your bank account on WhatsApp using iPhone:-

Step 1: Go to Whatsapp on your iPhone and tap Settings > Payments > Add New Account.

Step 2: Tap Accept and Continue to accept WhatsApp Payments Terms and Privacy Policy.

Step 3: From the list of banks, tap the name of your bank.

Step 4: Tap Verify via SMS.

Step 5: A pre-filled SMS with a verification code will open up on your phone. Tap Send to send this message and verify your account.

Step 6: Select your respective bank account to send and receive payments with WhatsApp and click on ‘Done’.

Keep in mind that to send money, you will also need to verify the last 6 digits of your debit card and the expiration date.

We’ll keep you updates as more news of this features.

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