Whatsapp Payments Live: WhatsApp Payments is currently accessible to around 20 million clients throughout the nation. Payments are upheld by the State Bank of India, HDFC Bank, ICICI Bank, and Axis Bank.
The WhatsApp Payments features planned on the National Payments Corporation of India’s (NPCI) Unified Payment Interface (UPI) framework was allowed to go live in November 2020 on a peer-to-peer basis.
Through this major update and integration of UPI on WhatsApp, Users will be able to make their payments just as easily as they send messages.
Abhijit Bose, Head of WhatsApp, India stated, “We’re energized and advantaged to band together with State Bank of India, ICICI Bank, HDFC Bank, and AXIS Bank to carry basic and secure computerized installments to WhatsApp clients across India.
UPI is extraordinary assistance and we together have the occasion to bring the advantages of our computerized economy and monetary incorporation to an enormous number of clients who have not had full admittance to them previously.”
The service will enable users to digital transactions to one another. Whatsapp Payments Live For the services provided, Whatsapp will not levy any fee on the users and will bear it on their own.
Whatsapp payments intend to be a front runner in the development and advancement of digital payment exchanges all over the nation by integrating digital transactions through their messaging apps.
Whatsapp and UPI together are going to revolutionize the movement of digital India and will work as a catalyst in expanding the support of the computerized economy by providing the option of digital payment to the deprived class.
Before India, Whatsapp payments went live in Brazil, The second largest customer base for WhatsApp. The payment option was later then suspended by Facebook a week after and was the greatest setback for the companies future plans in Brazil