After a long wait, the rupee transaction in WhatsApp will finally start in India. In February 2018, the Facebook-owned WhatsApp company developed a UPI-based payment system and began using it for a million people. But then with the government's insistence that consumer data remain in India, the idea of launching this feature for all WhatsApp users fell short.
According to the news available now, WhatsApp has received the final approval required by the National Payment Corporation of India (NPCI). Now WhatsApp will launch a step-by-step payment service for all users.
Under the UPI system, when we connect our bank account to a service like this, we have a Virtual UPID ready as an email address. This process will be found in WhatsApp settings, after that, our UPID will be ready, but in the case of WhatsApp, we need to identify this with the person in front of us to receive or send money. No exchange required.
Since each user's identity is linked to his / her mobile number, anyone who creates his own UPID on WhatsApp will get Rs. Will be able to exchange Rs. That is, instead of just sending us a good morning message in the morning, we can start a chat in the WhatsApp, select the 'payment' option and send us the money and make our morning really good!
To find out if this feature has been added to your WhatsApp, click on the three dots in the upper right. The 'Payments' option will be available here or shortly. If found, you can create a UPI account in WhatsApp using your bank's debit card.
In India, Google Pay, PhonePay, Paytm etc have long been available with UPI based payment facility and its use is steadily increasing, but WhatsApp Payments is a great way to give them a lot of competition. Is committed because WhatsApp is already built into our lives and it is getting Rs 5 lakh from it. Sending a message is as easy.
It is important to remember that this system will be protected according to the rules of the NPCI and the Reserve Bank of India, but if we do not understand its invention properly, we will easily fall prey to WhatsApp fraud. If you do not understand the UPI system correctly then connect your central bank account with WhatsApp like this.
According to the news available now, WhatsApp has received the final approval required by the National Payment Corporation of India (NPCI). Now WhatsApp will launch a step-by-step payment service for all users.
Under the UPI system, when we connect our bank account to a service like this, we have a Virtual UPID ready as an email address. This process will be found in WhatsApp settings, after that, our UPID will be ready, but in the case of WhatsApp, we need to identify this with the person in front of us to receive or send money. No exchange required.
Since each user's identity is linked to his / her mobile number, anyone who creates his own UPID on WhatsApp will get Rs. Will be able to exchange Rs. That is, instead of just sending us a good morning message in the morning, we can start a chat in the WhatsApp, select the 'payment' option and send us the money and make our morning really good!
To find out if this feature has been added to your WhatsApp, click on the three dots in the upper right. The 'Payments' option will be available here or shortly. If found, you can create a UPI account in WhatsApp using your bank's debit card.
In India, Google Pay, PhonePay, Paytm etc have long been available with UPI based payment facility and its use is steadily increasing, but WhatsApp Payments is a great way to give them a lot of competition. Is committed because WhatsApp is already built into our lives and it is getting Rs 5 lakh from it. Sending a message is as easy.
It is important to remember that this system will be protected according to the rules of the NPCI and the Reserve Bank of India, but if we do not understand its invention properly, we will easily fall prey to WhatsApp fraud. If you do not understand the UPI system correctly then connect your central bank account with WhatsApp like this.
Post a Comment