WhatsApp Payment: How to use and how much it is secure

WhatsApp Payment: Whatsapp is a social media app that is common in different regions of the world for sending and receiving messages frequently. There are many features that may update as per Users’ requirements and on-demand requests. Online Payment makes less use of Cash and makes money transactions digital in nature.

WhatsApp Partners with SBI, ICICI, Axis and HDFC Bank for its payment  service in India : WhatsApp Payments सर्विस भारत में शुरू, SBI और HDFC समेत  इन 4 बैंकों से पार्टनरशिप - Navbharat Times

Facebook-owned Whatsapp and shortly in contact with NPCI (National Payment Corporation of India) announced that the UPI payment service feature would add on WhatsApp. As per the partnership, WhatsApp adds a UPI payment interface. India’s first social media platform provides the 160 supported banks that enable online money transactions. 

Whatsapp get's green signal from NPCI to go live with Whatsapp Pay | Tough  competition for Paytm and Google Pay - Taxontips
  • This feature was first launched in Brazil. In a short period, it becomes trendier and users access this feature mostly for money transaction purposes.
  • Now It may easily be done in India 
  • It is available on Android and iPhone devices 
  • Money transactions become easier and more efficient
  • For security and privacy control measures it adds a UPI Pin number for every payment 

“Privacy and Security measure use as best as per User’s point and security Proof “

  • Whatsapp pay always takes acceptance and clearance from NCPI for every transaction 
  • Messaging feature may expand with Payment  makes users expand our Business 
  • Businessman’s work becomes easier through this mechanism.
  • No need to access another app for online Payment 
  • Nowadays working with five major banks ICICI Bank, HDFC Bank, Axis Bank, State Bank of India, and Jio Payment Bank.
  • Through any UPI supported app Users can send money 
Payments Apps: Whatsapp Vs Google Tez Vs Paytm And What They Offer | Mint
  • Users need to have a Bank account and debit card for this facility 

Payment Working Procedure 

As per the Operating system exist in the phone in Android 

  • Press 3 vertical dots on the right side 
  • A payment option may exist in it 
  • In iPhone devices 
  • In the Setting option click on it 
  • The payment option enables it
  • A new page appears press on the Payment option 
  • Press on the Active status option 
  • Choose the Payment methods option 
WhatsApp Payments - Frequently Asked Questions (FAQ)
  • Select the Bank type in which you want to access and registered the number 
  • Whatsapp will verify your number and show the bank type you choose 
WhatsApp Adds New Payments Feature In India And You May Not Be Able To  Guess What It Is

For Sending the Money :

  • Open the chat of the person from the contact list you want to send 
  • Press on the attachment option from the chatbox 
  • Click on the Payment option 
  • Select the amount you want to send 
  • Press on the Send option 
  • UPI number at every transaction needs to add on for security and privacy control 
  • To approve the payment add the UPI number
  • A tick mark may show on the screen as a successful payment done 

WhatsApp Payment is secure or not?

Whatsapp pay is secure. UPI Payment adds more security. Few clauses that may be in the news that Financial information is shared on Facebook. Near about 10 % usage of WhatsApp Payment be in use as the statistics chart of 2022

WhatsApp 2022 User Statistics: How Many People Use WhatsApp?

Whatsapp add-on feature Growth increase as per User usage. 

Future Aspect

  • It provides the best service to make them more secure environment for users 
  • Online Payment is arising worldwide.
  • International currency may also add to it 
  • Share market, business investment status maybe exist in its upcoming time

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