Business Today

WhatsApp Pay For Android Users

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The

new WhatsApp Pay feature, which allows users to send and receive money, has been rolled out for Android users. The beta version has been launched for a limited number of users and will cater to a million people. The payment feature is based on the Unified Payment Interface, or UPI, which is currently offered by 71 banks. To transfer money via UPI, users are not required to disclose account numbers or bank details. All transactio­ns can be done using one’s phone number or the virtual payment address (VPA). With WhatsApp Pay, one can transfer money instantly from one bank account to another via a smartphone.

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