WhatsApp Payment came into discussion again, know how to create an account and how to transfer money
WhatsApp is again in discussion these days and the reason is its features and the most important among them is WhatsApp Payment Service. However, there is a petition in the Supreme Court to ban the beta version of this service. While approving the hearing of this petition, the Supreme Court had also asked the Reserve Bank of India, NPCI and WhatsApp to present their case within the next three weeks.
These three weeks are being completed and in such a situation WhatsApp Payment is once again in the discussion and to see what happens next. This petition was filed by ThinkTank to discontinue the beta payment service of WhatsApp. The thinktank alleges that the company violated regulatory regulations. However, after this WhatsApp has decided that it will not start this service until the Compliance is completed.
This is how WhatsApp Payment Service works
WhatsApp Payment service will also work like other UPI services and for this your mobile number needs to be linked to your bank account. Apart from this, only beta users are currently using it.
This is the way to set up WhatsApp Payment
For this, first of all you have to open your WhatsApp.
- Here you have to click on the three dots that appear upwards.
- If you see the tab of payments then you can set up your account.
- After this, select Add payment method option.
- Here you will see all the supported devices.
- Select that bank, you have an account here.
- During this time the app will send you a verification message and ask you to verify it.
After this, you have to accept the terms and privacy policy of WhatsApp Payments.
- After verifying it will show all your accounts which are linked to your number.
- After that the debit card linked to that bank account has to be verified.
- Choose account and submit.
This way you will be able to pay
To send money to someone through WhatsApp Payments, you need to chat with the person who has activated his Payments service.
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