Explained: How to use Whatsapp Payment?

You will rarely see a smartphone user who does not have WhatsApp in their phone. With this popular messaging app now also allowing money to be transacted, it becomes necessary to know the details including how to send and receive money through WhatsApp. WhatsApp has 400 million active users in India alone. In the initial phase, WhatsApp has been allowed to launch a payment service with 20 million users. Whatsapp Payments runs on the UPI platform. In which you can pay the rupee directly from the bank account, or get it later. There is no need to create a separate wallet for it.

Link account with WhatsApp number can be used

WhatsApp Payment works just like Google Pay. All you have to do is open the app, go to the payment option, and link your phone number to the bank account from which you want to transfer money. Whatsapp Payments currently works with SBI, Axis, HDFC, ICICI and Geo Payments Bank. So, with one of these five will become your unique ID.

You can also pay with UPI ID or QR code

You can also pay or take a contact number through Whatsapp Payments. However, it needs to have its app updated. Any money you send to your contact will be credited directly to his account. Similarly, if he makes a payment to you, it will be credited to your account.

To pay for a contact, you can open that contact in the chat window, click on the attachment, go to Payments and transfer the money. Apart from this you can also pay by scanning a person's UPI ID or UPI code. Even if the person does not use Whatsapp Payments, you can make payment directly on his UPI ID.

You can also get payment by generating instant QR code

You can generate instant QR code on Whatsapp Payments if you want to get payment from someone. The funny thing is that you will also get the option to enter the amount you want to get. The person with the QR code will scan any digital wallet and immediately have the option to transfer the amount directly to his wallet.

Currently not everyone can use

Currently 1 million people are using WhatsApp payments. The remaining 1.90 crore people can start using it by updating their app. But after this limit is met, new users cannot be added. However, NPCI is likely to increase this limit soon. You will have to go to your WhatsApp home screen and open its options to see if you can use it. If there is a payment option in it, it means that you can use this service. If the option does not appear, you can also check by updating the app. However, if the payment option does not appear, you will have to wait a bit.

Online shopping, recharge or bill payment cannot be done at present

When you shop online, there are usually a number of digital wallet options available at payment. However, since WhatsApp payments are not currently integrated with it, you will not be able to make direct payments through these websites. Similarly, even if you recharge online or pay the bill, you will have to wait a while to use WhatsApp payment in it.