Can I send and receive many via WhatsApp? On the contrary, Facebook first introduces a payment system known as Facebook Pay where you can easily send and receive money online. Plus this enables you to use Facebook pay to check out some items only on the Facebook platform. Facebook has been the owner of the popular social messaging app “WhatsApp” is also introducing a payment system called WhatsApp Payment or WhatsApp Pay. Where users can easily send and receive money through the system. However, this feature was been rolled in Brazil on June 15, 2020, and also currently available in India.
Right from today onward, people living in India where make use of the messaging app can be able to send and receive money via WhatsApp. The feature integrates with enhanced security to help protect the mean to online transactions on WhatsApp. Moreover, WhatsApp Pay or WhatsApp Payment operates similarly to Facebook Pay which is just like you sending messages to a friend. Right on the platform, people can make a secure transaction that includes sending money to friends and family. Also, this allows you to share the expenditure of goods anywhere from around the world without the need of going to the bank to send money or even seeing in person.
About the New Payment Method in India with WhatsApp
The structure of the payment method on WhatsApp is built under the trust of the National Payment Corporation of India make use of the Unified Payment Interface as one of the first introduce Indian real-time payment systems. The payment feature on WhatsApp actually operates or works with over 160 banks. In other to enable a seamless transaction online. The purpose of the introduction of the payment system has to do with increasing the effectiveness of the use of digital payment systems.
The way WhatsApp Payments works is quite simple and effective. First of all, you need a bank account and also a debit card register in India. To able the activation of WhatsApp payment. Once you’ve added your bank account and debit card, a message will be sent to your banks. This apparently will enable you to transfer money and also receive money via the UPI from senders to receivers or the other way round.
How to Activate WhatsApp Payment
First of all, the WhatsApp Payments system in India operates with banks that include ICICI Banks. Jio Payment Bank, State Bank of India, HDFC Banks, and also Axis Bank. Transactions can be accessible on WhatsApp through the use of the supported UPI app. However, to activate WhatsApp payment, you need to first have a bank account and debit card with India. Afterward, you can following this process on how to activate payment on WhatsApp:
- Open the WhatsApp app on mobile.
- Click on the Menu icon.
- Select Payments.
- Tab Add New Payment Method.
- Tab Accept and continue.
- Add information about your bank account and debit card.
Finally, you can follow the rest instruction on the screen in other to activate or set up payment on WhatsApp. Once the activation is completed, then you can start your seamless transaction that includes sending and receiving money via WhatsApp.