The service will enable users to link their UPI-enabled bank accounts to transfer money through the app.
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WhatsApp Pay Interface |
The beta version of the service is presently being tested by millions of users, as preparations to.launch the full version is in place.
According to Mark Zukerberg, CEO of Facebook, the company is working real hard to launch the service across the border in India. But Will Cathart, the global head of WhatsApp Inc. says that the service will officially be launched later this year.
The service enable users to link their UPI-enabled bank accounts to transfer money through the app.
For one to start using the service, a payment needs to be initiated to a WhatsApp contact after which one can set up their UPI accounts. The procedure for use off the service is as easy as sending a photo to a contact as transactions can be made to contacts only after they enter their UPI ID.
The service as it is now can only be tested by anyone who is a WhatsApp beta user.
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