New Delhi,Feb 08:WhatsApp’s much-awaited peer-to-peer payment service is likely to launch very soon.The latest WhatsApp beta versions for Android and iOS come with a payment option under the attachments option and is based on Universal Payment Interface (UPI).Since the feature is still in beta mode, it is still being tested and isn’t stable as yet.In the beta versions for both iOS and Android, WhatsApp currently shows the payment feature and the list of partner banks. Some of the listed banks include Axis Bank, HDFC Bank, ICIC Bank, and State Bank of India. Airtel’s Payments Bank is also included in the list.
The report further states that as of now WhatsApp isn’t allowing users to link their accounts. If you have an account with any of the banks listed you can create a UPI login ID and start using the payment method. WhatsApp was reported to launch its peer-to-peer payment service latest by February. With the beta version already out for select users, it shouldn’t be long till the stable roll out happens.In India, there are many apps which have integrated UPI payments method. Some of the popular ones include Truecaller, Hike and Paytm. Google also launched its standalone payment app Tez in India last September.Although, a little late into the game, WhatsApp with over 200 million users in India itself will surely leverage from its upcoming payment method. Another advantage is of WhatsApp integrating the payment method into the app itself instead of launching it separately like WhatsApp Business.
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