WhatsApp payment feature
WhatsApp Pay in final testing stage, likely to launch in December:
We might be very close to getting a payments option in WhatsApp. There’s been considerable buzz surrounding the feature that the messaging giant has been working on for months, and now in a month or two, it could roll it out. The final testing phase is on, and WhatsApp Pay would likely see a December launch, FactorDaily reports. India would be the first to get the new feature. And why not? With 200 million-plus daily users, it is WhatsApp’s largest market in the world.
“They are likely to do some sort of an extended beta program for the feature in November and by December you can expect a full rollout,” a source close to the company stated. WhatsApp has reportedly partnered with three of India’s leading banks — SBI, ICICI and HDFC. WhatsApp Pay would require a bank’s UPIarchitecture to function. Uber, for instance, partnered with HDFC Bank and Axis Bank recently to roll out an UPI payment option for customers.
The report also released an artist’s impression of the imminent feature. It reveals that making a payment via WhatsApp would be as simple and quick as sharing a photo or contact on it. An added ‘Rupee’ symbol would crop up when a user clicks on Attachment. And he/she could make a peer-to-peer payment through a one-step process of entering amount and UPI PIN.
What is critical to note is that users wouldn’t need to exit their existing scree
“They are likely to do some sort of an extended beta program for the feature in November and by December you can expect a full rollout,” a source close to the company stated. WhatsApp has reportedly partnered with three of India’s leading banks — SBI, ICICI and HDFC. WhatsApp Pay would require a bank’s UPIarchitecture to function. Uber, for instance, partnered with HDFC Bank and Axis Bank recently to roll out an UPI payment option for customers.
The report also released an artist’s impression of the imminent feature. It reveals that making a payment via WhatsApp would be as simple and quick as sharing a photo or contact on it. An added ‘Rupee’ symbol would crop up when a user clicks on Attachment. And he/she could make a peer-to-peer payment through a one-step process of entering amount and UPI PIN.
What is critical to note is that users wouldn’t need to exit their existing scree
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