WhatsApp Pay Guide: Learn how to use Whatsapp Pay with the help of this guide

Since the appearance of online platforms, they have changed the manner in which individuals approach social interaction and discussion. Online media stages, for example, WhatsApp, Facebook, Instagram, and Twitter can be found on each client's smartphone in today’s day and age. WhatsApp comprehended the significance of online media for its clients and how huge a section they played in each client's life. They realized that pretty much every individual in India was utilizing WhatsApp. WhatsApp began the preliminaries of a payment method in their application itself calling it WhatsApp Pay. People have been wondering how to use WhatsApp Pay.

Also read: Whatsapp Pay Launch Date In India; Learn More About The Social Media App's Payment Method

Also read: How To Activate Disappearing Messages In WhatsApp? A Step-by-step Guide

How to use WhatsApp Pay?

WhatsApp Pay has been in beta testing for a long while now. The application was permitted to test their payment method in association with ICICI bank however with a limited client base of 1 million clients. In the wake of being in the testing stage for over 2 years, the National Payment Corporation of India offers WhatsApp to the endorsement to begin their payment strategy for its client's in a graded manner. NPCI comprehended that WhatsApp has a monstrous number of clients (400 million) in India and endorsed them to begin utilizing UPI installments for 20 million clients now. Here’s how to use WhatsApp Pay:

• First, the user has to update their application to the latest version of Whatsapp. Then they need to try and initiate a payment to a contact. On this request, users can add their UPI information to WhatsApp.
• The only way to use Whatsapp pay is through UPI. Users can only send money to contacts that have their UPI information set up in Whatsapp. Users can also take the help of the barcode scanner to send money to users that are not there on their contact list.
• Clients can issue payments straightforwardly by tapping on the share symbol and choosing 'payment'. The ‘payment’ area is accessible on the easy route menu. Clients can check their exchange history and record subtleties in that segment. The installment framework chips away at the Unified Payments Interface (UPI) strategy, where asset moves can be started without giving financial balance numbers and IFSC codes of beneficiaries.
• Till now the UPI market has two leaders, Google Pay and Walmart-owned PhonePe and they control 40% of the UPI share. The entry of Whatsapp into this industry surely going to stir up some healthy competition between the applications.

Also read: NPCI Gives Approval For WhatsApp To ‘Go Live’ On UPI In A Graded Manner

Also read: WhatsApp To Roll Out 'vacation Mode' Allowing Users To Ignore Archive Chats