How You Can Send & Receive Money Using WhatsApp Payments

After WhatsApp introduced its new payment system few weeks again, the company has started rolling out the UPI (Unified Payments Interface)-based payments service for both Android beta as well as iOS users. The service according to WhatsApp will make it possible to send money from WhatsApp via WhatsApp Payments, with the service supporting over 70+ banks, including Airtel Payments and PayTM.


For this to work, both the sender and receiver need to have the WhatsApp Payment option enabled for a transaction to be made, and also your WhatsApp number needs to be linked to your Bank account.


How To SetUp WhatsApp Payments

To use the service, simply follow the steps highlighted below, 

Firstly go to Settings > then to Payments to set up WhatsApp Payments or Go to a contact and click the Attachment icon next to the text field and select payment (This doesn’t work if your friend doesn’t have Payments set up)

Now Accept the terms. Verify your phone number and Click Done. Now the Setup is Complete

Now you need to add your Bank account by choosing from the over 70 listed bank supported by the service, then you will need to verify your account with SMS (costs apply). For this to work, please note that your mobile number that your are using on WhatsApp must be linked to your bank, otherwise you have to contact your bank to link your number.

NOTE: If you don’t have UPI account, the service will asked to create one along with security pin for authentication. 

How To Use WhatsApp Payments

To send money using WhatsApp Payments, simply select the person you want to send money, select the account which you want to send the money from (if you have more than one), Enter the UPI PIN and the transfer will be over in seconds, and the amount should reach your friend’s bank account.

After sending the transfer, you will also get a transaction id. Also, you can view details about your transaction by clicking it within the chat.


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