WhatsApp Payments feature is now rolling out for some users in India
WhatsApp has been working on digital, peer-to-peer payments for quite some time now, and the Facebook-owned messaging company appears to have just launched the service in beta in India, one of its most important markets. Screenshots of the system, which appears to be called WhatsApp Payments, have been posted online by some users.
The feature can apparently be accessed in a chat window through the Attachments menu. The option is said to be available alongside other options such as Gallery, Video, Documents etc. Clicking on Payments will open a disclaimer window, followed by a list of banks to choose from.
WhatsApp Payments will utilize the Unified Payments Interface (UPI), an instant real-time payment system developed by National Payments Corporation of India that facilitates inter-bank transactions.
According to reports, iOS beta version v2.18.21 has the UPI-based payment option, while WhatsApp Android running version v2.18.41 has this option reflecting for some users.
It will go up against the likes of PayTM, Phone Pe and even Google Tez, all of which have adopted UPI to ease the payment process for the citizens of India. Google in India already has a UPI-based payments application called Google Tez, which has proved be a success for the company.