Send Payments With Whatsapp In India
February 24, 2023 (1 year ago)
People in India will be able from today to send money with WhatsApp. It secures the payments the same as messages on WhatsApp. People can easily send money to their friends and family members. You can also buy a product from a distance without giving cash or visiting a bank to get cash with this feature. The payments on WhatsApp are fully secured, and you can send your money to anybody without issue.
Whatsapp Payments Feature:
Whatsapp designs this payment in collaboration with the National Payments Corporation of India using the Unified Payment interface. It is India s first payment system. People can do multiple transactions with more than 160 banks supported by it. We are happy to join the campaign, which will extend digital payment use in India. It also helps to increase financial participation across India.
Necessary Things For Sending Money In India On Whatsapp:
A bank account and debit card are necessary when sending money in India on whatsapp. However, when you send money, whatsapp gives instructions to that bank which will process it between sender and receiver accounts via UPI. Working with five leading banks in India, such as HDFC Bank, ICICI Bank, AXIS Bank, Jio Payment Bank, and State Bank of India, is an honor. You can send money using UPI supported application on Whatsapp.
Address problems of Local Organizations:
The interaction of Whatsapp with UPI will help to solve local organization issues. It can also increase the number of participants from rural areas in India's digital economy. It delivers financial services to those who need access to it.
The payments are also designed with solid security and privacy principles like other whatsapp features. You need to enter a UPI pin every time while sending money. Whatsapp payments part is available on the latest version application for Android and iPhone.