Read More. What Is Date Palm Its Advantages And Disadvantages In Detail.
What Is WhatsApp Payment?
WhatsApp Payment is a digital payment service offered by WhatsApp. It is a UPI (Unified Payments Interface) based payment service that allows users to transfer money directly from their bank account to another bank account. WhatsApp Payment is available only in India.
How to Set Up WhatsApp Payment?
Before you can use WhatsApp Payment, you need to set up the payment feature on your WhatsApp account. Here are the steps to follow:
Step 1: Link Your Bank Account.
To link your bank account with WhatsApp, follow these steps:
Open WhatsApp and tap on the three-dot icon in the top right corner.
Select 'Payments' and tap on the 'Add Payment Method' option.
Select your bank from the list of available banks.
Verify your bank account by providing the required details.
Step 2: Verify Your Phone Number.
Once you have linked your bank account, you need to verify your phone number. Here's how to do it:
Open WhatsApp and tap on the three-dot icon in the top right corner.
Select 'Payments' and tap on the 'Verify Phone Number' option.
Verify your phone number by entering the OTP (One-Time Password) received via SMS.
How To Send Money Using WhatsApp?
Now that you have set up the payment feature on your WhatsApp account, you can start sending money to your friends and family. Here's how to do it:
Step 1: Open The Chat.
Open the chat of the person you want to send money to.
Step 2: Tap On The Attachment Icon.
Tap on the attachment icon (paper clip icon) and select the 'Payment' option.
Step 3: Enter The Amount.
Enter the amount you want to send and add a note (if required).
Step 4: Enter Your UPI PIN.
Enter your UPI PIN to authenticate the transaction.
Step 5: Transaction Complete.
Once the transaction is complete, you will receive a confirmation message on your screen.
How To Receive Money Using WhatsApp?
Receiving money using WhatsApp is as easy as sending money. Here's how to do it:
Step 1: Open The Chat.
Open the chat of the person who is sending you money.
Step 2: Accept Payment.
Tap on the notification message received from WhatsApp and select 'Accept Payment.'
Step 3: Enter UPI PIN.
Enter your UPI PIN to authenticate the transaction.
Step 4: Transaction Complete.
Once the transaction is complete, you will receive a confirmation message on your screen.
How Safe Is WhatsApp Payment?
WhatsApp Payment is a safe and secure payment service. It uses the UPI infrastructure that is regulated by the Reserve Bank of India (RBI). Additionally, WhatsApp uses end-to-end encryption to protect your transactions.
Read More. Best Ways To Sit On A Chair While Working On The Computer
Conclusion.
WhatsApp Payment is a convenient and easy-to-use payment service. By following the steps mentioned in this article, you can easily set up WhatsApp Payment and send/receive money directly within the app. With its secure infrastructure and encryption, WhatsApp Payment is a safe and reliable option for digital payments.
In conclusion, WhatsApp Payment is a convenient and secure way to send and receive money within the app. By following the simple steps mentioned in this article, you can easily set up and use WhatsApp Payment for your digital transactions. So, next time you need to transfer money to your friend or family member, give WhatsApp Payment a try and experience the ease of digital payments!
FAQs.
01. Is WhatsApp Payment Available In All Countries?
No, WhatsApp Payment is currently available only in India.
02. Is It Necessary To Link A Bank Account To Use WhatsApp Payment?
Yes, you need to link a bank account to use WhatsApp Payment
03. Is WhatsApp Payment Safe?
Yes, WhatsApp Payment is safe and secure as it uses the UPI infrastructure regulated by the RBI and end-to-end encryption to protect your transactions.
04. Can I Send Money To A Non-WhatsApp User?
No, you can only send money to someone who has also set up WhatsApp Payment.
05. Is There A Limit On The Amount Of Money I Can Send/Receive Using WhatsApp Payment?
Yes, there is a daily transaction limit of Rs. 1 lakh and a per-transaction limit of Rs. 5,000. However, some banks may have lower transaction limits.