WhatsApp Pay News

With WhatsApp Pay's end-to-end encryption, all transaction details will be protected, ensuring that only the sender and recipient can access them, the company mentioned.

Choletti replaced Manesh Mahatme, who joined WhatsApp from Amazon, in September this year.

BhartPe co-founder slams WhatsApp Pay. He blames organisation managers for not doing good to promote WhatsApp pay. WhatsApp is a widely used communication app in India with over 500 million users.

The head of WhatsApp's India payment business, Manesh Mahatme, has quit after more than a year. He joined WhatsApp Pay in April 2021. He now joined Amazon Pay where he had worked earlier.

Customers of the Bank will be able to reload their FASTags through the new "payments on WhatsApp" service. Customers of IDFC FIRST can recharge their FASTags directly through the IDFC FIRST WhatsApp chatbot.

WhatsApp is offering cashbacks on transactions via WhatsApp Pay. WhatsApp Pay users would receive a total payback of Rs 105 on their future transaction. Users can get Rs 35 return if they submit Re 1 through WhatsApp Payment.

WhatsApp is offering cashback of Rs 35 for users. WhatsApp is witnessing less transaction even after having 2 billion users. Users can send any amount to their contacts in order to receive the cashback.

In November 2021, the NPCI approved increasing the user cap for WhatsApp`s payment service to 40 million users. The NPCI has been giving approval to WhatsApp in a phased manner so that the competition is not stifled.

To use WhatsApp Pay, the user must first send money to contact. After receiving the request from the other hand, the user can set up their UPI account on WhatsApp. WhatsApp Pay allows users to pay money to anyone in their contacts, after which it activates UPI ID.

WhatsApp is now informing users about the payments feature via a Status update. WhatsApp users can pay their contacts by scanning any QR code from the app's homescreen or by navigating to a chat and clicking the rupee symbol. The Rs 51 cashback was only available to Android users, and the service was only in beta.

Businesses Local Search is a new tool that allows users to search for nearby businesses such as grocery stores, textiles and clothing, and restaurants. However, both iOS and Android users are now able to access the feature.

WhatsApp's payments functionality is currently being rolled out across India's heartland in a big way. Scammers send a link to WhatsApp users, and when they click on it, they are directed to a website that claims they may win a prize by completing a bogus survey.

Users of WhatsApp can now send money to people in their contact list. You should keep in mind, though, that you can only send and receive money after you've linked your bank account to WhatsApp Pay.

WhatsApp Pay is being promoted by the popular chat messenger by offering a rebate of INR 51 every transaction. In beta channel mode, the promotional offer is available. The money will be deposited immediately into your bank account, which you have linked to the WhatsApp Pay service.

When users register for WhatsApp Pay in India, the service just verifies the phone number associated with their bank account in order to facilitate UPI-based transactions. Users are not required to provide any identity verification documents in order to make payments at this time. Users of UPI-based apps such as Google Pay, PhonePe, and even WhatsApp Pay do not need to present any documentation in order to send or receive money.

WhatsApp is apparently proposing to give incentives to users who make payments via WhatsApp Payments. WhatsApp is introducing reward discounts to encourage usage and compete with rivals such as Google Pay and Paytm. WhatsApp introduced UPI-based payments in early 2018.

WhatsApp is the most used messengers in India. It has recently launched payment services which use UPI. First-time users will have to register here first.

WhatsApp launched a much-awaited payment service in India. WhatsApp has a 40 crore user base in India. WhatsApp will be starting the digital payment service with a maximum registered user base of 2 crores.

The RBI guidelines say that all digital payment firms such as WhatsApp, Google Pay and others must store data locally for their businesses in the country.

India's digital payments industry is estimated to hit $1 trillion by 2023.