User to user payments on WhatsApp are at last beginning to roll out in India, after what we can only assume was a pretty lengthy development period of over ten months, since the first public mention of the feature. It’s rolling out little by little to beta testers in the country, meaning that a full release should be coming soon.
In accordance with earlier info, WhatsApp user to user payments are carried out via UPI or Unified Payments Interface – India’s well-liked digital payment system, already adopted by all foremost banks & also some services in India.
The implementation seems to be very easy & straight-forward. WhatsApp is getting a new “Payments” tab in its settings menu, where you have to enter & verify your bank info & agree to a few service & privacy policies. The menu as well holds a detailed log of your payment history, as well as the 2 parties & the bank involved.
The payments themselves are handled impeccably as in-chat attachments. Pretty neat & a great step forward in helping India’s drive towards a cashless digital economy. Considering WhatsApp’s frightening popularity across India, the new payment system could indeed go a long way in popularizing UPI & the push towards expedient & secure digital transactions.
If you’re eager to test-drive the feature, you need to be signed up to be a WhatsApp beta tester & have an account at one of the supported Indian banks, such as include Axis Bank, State Bank Of India, Yes Bank, ICICI Bank, & lots more. Of course, you need a qualifying buddy to go through the same process & may have to wait a while for the staged beta rollout to hit both your devices.