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How to make payments using WhatsApp Pay – Person-to-person payments

    It is no longer no news that Whatsapp just launched one of the best method to finance a payment and it is relatively amazing, fast and secured. In case, you fought, a similar tool was introduced to Facebook’s Messenger app in 2015.

    WhatsApp Payments will enable normal users of the application to transfer money with the same ease as sending a text message. After the completion of the setup the user will be able to send other individuals using WhatsApp.

    In other case, the Whatsapp payments feature will allow people to send money to other WhatsApp users, excluding merchant accounts. Users can now link their bank account to their WhatsApp account via Unified Payments Interface (UPI) and begin making payments straight to another user’s bank account through a WhatsApp chat.

    Whatsapp P2P was first launched in India as it is their largest market with over 200 million users active daily users.

    whatsapp payment

    WhatsApp Payments is rolling out to both Android, iOS users; So today, this is all you need to know to get started. Meanwhile, WhatsApp has also launched person-to-person payments in India.

    How does it Work

    It is very easy and simple. But before first, you should use a phone number with the country code for your country and have a bank account with a bank that supports UPI. The phone number you use for the services must be the same phone number linked to your bank account used for Payments.

    After completing that above, then launch the app and search for a ‘Payments’ tab in the ‘Settings’ drop-down within the application. Anyways, don’t get paranoid, if you can’t the option there, just search for someone who’s activated the payments feature and get them to try and send you funds.

    On selecting the ‘Payments’ option, you’ll go through the following steps:

    a. Add a bank account. Click on accepting the T&C and Privacy and Policy
    b. Verify your phone number with an SMS and later on, list of bank accounts linked to your mobile number will show up. Just select any one to continue.
    c. Now verify the debit card that’s linked to your bank account.
    d. Lastly, you’ll have to enter a one-time password that’ll be sent to your mobile number, and choose a UPI PIN, which you will use each time you transact.

    And you are done! It is either you follow the steps before getting the update or you can also wait for it. It is self explanatory, just simple.

    This works for all country. In Nigeria, this Whatsapp Payment might be a threat to banks as they are popularly known for the little extra charges for using your ATM cards and others.

    Probably, they secretly co-operated with Teleco’s requesting the shut down of whatsapp some 2 years ago. And of course, it didn’t hold. Are you hoping of using the Whatsapp Payment Method?