Mumbai, February 13: ‘WhatsApp’ is always assumed as an application which is used for chatting or as a timepass tool. But this, not the real side of the social media app it can do many things which we have not even thought about like many WhatsApp groups carry out social activities, welfare for society, it is also a tool to spread knowledge and important news and documents. Now the company has added a cherry on the cake that is a new version which can be used for sending payments also.
This new version will be a feather in the dream cap of PM Modi of Digitization. The unique feature of this new version is that you can send any payment irrespective of its amount. Backed by Unified Payments Interface (UPI), the WhatsApp Payments feature is available for both Android and iOS. With this, you will now be able to send and receive directly to your bank account (p2p).
Here is how you can send and accept payment:
Go to settings and tap on “Payments”. Add your bank account by going to the “Add New Bank Account” tab. Note that the payments will work with only that mobile number which is registered with your bank. Note, you will not have the option to add and link new mobile number to your bank account through WhatsApp.
After this, just accept the terms and conditions and verify your mobile number. Once, your mobile number is verified by WhatsApp UPI platform, the list of bank accounts linked to that particular mobile number will automatically show up. Choose your preferred bank account to enter other details of the debit card to create a Virtual Payee Address (VPA). The process is similar to activating BHIM app. All major banks are supported.
To send money to your friend, ensure that the Payments feature is activated to his/her WhatsApp account as well. The person needs to set up their bank account as well. After which, just start chatting and tap the attachment button (like you do for sending images) to see Payments. Now follow the steps to send money. The feature works in a group chat as well and you can choose a particular member in a group chat to send money. Don’t worry, if you are not sure whether the other party has WhatsApp Payments activated for not. The app will alert you to that.