The top messaging giant is ready to introduce a UPI based payment feature. Rumors were in the air for a year regarding this feature. So, after almost a year of speculation, WhatsApp is now testing this most-awaited payment feature for selected beta users of Android and iOS. The feature was previously spotted on the Android beta version in August 2017. Now again, it was first spotted by Gizmo times which exhibits the payment option along with other regular options like Gallery, Audio, documents, and contact.
This UPI-based WhatsApp payment feature allows the user to send or receive money through the unified payments standard (UPI). As per the reports, this new payment option can be found in iOS beta version V2.18.21 and Android V2.18.41. Once the user taps on the payment tab, the app displays the list of supported banks. UPI will further perform direct transfers (to and fro) from the bank.
However, for every transaction, the user needs to enter the account details along with the UPI pin to authorize the payment. To avail this feature, If you don’t have a UPI account, you need to create a UPI account through the UPI app.
Fonearena further added that to proceed with the transactions successfully, both the sender and receiver need to have this WhatsApp payment feature. Gizmotimes reported that as of now users are facing problems while linking bank accounts with the WhatsApp account. The probable reason for this could be because the feature is not yet released and is still in beta version.
Google already implemented the UPI based payment feature and named it as Google Tez. This was a great success to the company and already gained much popularity across the world. Integrating the payment app into the regular messaging app could definitely be an added advantage both for the regular users and small business.
The Facebook is working in collaboration with the WhatsApp to bring this popular feature to its messenger application. Recently WhatsApp has already introduced a business App aiming at the SME’s.
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