When was WhatsApp Pay launched?
Whatsapp pay was launched in November of 2020, it has also been quiet significant since 2021. Ever since the users are enjoying the introduction of the new payment mode.
WhatsApp Pay: Modes of exchange
1)Sending cash to someone within your contact
2) Making transactions by scanning QR
How can I use WhatsApp pay?
The activation of WhatsApp Pay is similar for both IOS and Android users. You are supposed to link your bank account to WhatsApp before using it. You can do this by going to Settings > Payments.
The app asks you to select your bank account and connect it. Then it asks to send you an OTP, which, after verification, connects to your bank account.
To make WhatsApp payments, open the direct message of the contact you want to send it to. There’s an option with a rupee symbol near the keypad.
Clicking on it pops up a selection. Just type in the required amount and tap send.
After the process, you are authorized to type in your PIN. Your payment has been made to one of your contacts.
Whatsapp users, in a similar manner, use the QR code to send money to people who, for the most part, don’t appear to be in their contact list.
Making a payment option to someone besides your contact is done by going to the settings and selecting the option of QR Code, which is beside your profile picture. This makes you scan their WhatsApp contacts and enables you to make a quick online payment.
Users can check their trade history and record nuances during this part, including account numbers and IFSC codes of recipients. Whatsapp payment modes truly grant clients to basically send cash just to their contacts, after which up to unmistakable verification definitely is generally enacted.
This addition of bringing WhatsApp payment is a well-thought idea, as WhatsApp is one of the most widely used application