हिंदी

News

WhatsApp testing peer-to-peer payments feature in India

The payments feature would take advantage of UPI, and include support by a number of banks, including the SBI, ICICI Bank, HDFC Bank, and Axis Bank.

Facebook-owned messaging service WhatsApp is testing a new payments feature in India that aims to allow people to send money to their friends on the app, the media reported. The feature is currently in beta, but has not been publicly announced because it is not widely available at this time, TechCrunch reported late on Thursday citing sources familiar with the company’s plans.

When it is launched, the new WhatsApp payments feature could give popular digital wallet platform Paytm, and other messaging services that already support payments, including the recently launched Tez from Google a tough competition.

The payments feature would take advantage of UPI (Unified Payments Interface) and include support by a number of banks, including the State Bank of India, ICICI Bank, HDFC Bank, and Axis Bank, the report said. Beta testers have now found their WhatsApp interface displaying a large list of supported banks and they can see a payments feature appear in their WhatsApp Settings menu.

In order to configure the feature, users must first verify their phone number via SMS and then choose a bank. After the completion of the configuration, the option to send a payment becomes available. WhatsApp currently has over 200 million monthly active users in India.

To help businesses communicate better with their customers in India, WhatsApp last month officially rolled out “WhatsApp Business” — a free-to-download Android app for small businesses — in the country.

Published:Fri, February 09, 2018 12:50pm

Tags

facebook UPI Google WhatsApp

More From News

NewsVirgin Hyperloop One in India, Xiaomi Mi MIX 2s leak, Samsung Galaxy S9 official images leak and more: Daily News Wrap
NewsAlcatel A3 10 tablet launched at Rs 6,999 in India
NewsSamsung Galaxy S9, Galaxy S9+ leaked official images leave very little to the imagination
NewsHonor 9 Lite to go on flash sale on February 20; here's all you need to know
NewsPanasonic P100 available with Rs 1,500 cashback when bought with Idea Cellular connection

More From Bgr

FeaturesInternet speed requirements to stream full HD, 4K UHD content on Netflix, YouTube and Amazon Prime Video in India
ReviewMotorola Moto Z2 Force Review: It’s shatterproof; go ahead, drop away
How ToHow to rollback to the old Snapchat UI
OpinionsThe Xiaomi Mi TV 4 could do for the Indian TV market what the Redmi Note 4 did for smartphones
OpinionsAre the Xiaomi Redmi Note 5 and Redmi Note 5 Pro worth the upgrade?
Outbrain

Explore more