Some WhatsApp Beta users can now transfer money by scanning QR codes

By Digit NewsDesk | Updated Mar 29 2018
Some WhatsApp Beta users can now transfer money by scanning QR codes
HIGHLIGHTS

WhatsApp has enabled UPI based money transfer on its app to some beta users.

Go from OpenAPI-to-GraphQL in 2 minutes

Create GraphQL interfaces in minutes and build mobile or client apps quicker. Leverage free, open source IBM Code Patterns.

Click here to know more

A new update to WhatsApp is being pushed out to beta users which will allow them to scan QR codes to make payments. The service is yet to go official and is only available on version 2.18.93 on Android. This is in addition to the pay via entering UPI ID, which the app already has. The new feature makes WhatsApp another payment service like Paytm and BHIM to allow money transfers via QR codes. This will come in handy if you don’t have the phone number saved of the person you are transferring the money to. If you are interested, you can apply for the Beta program via the Google Play Store.

 

WhatsApp Payments will compete against the likes of Google Tez and Paytm, which are widely used UPI based payment applications today. However, unlike the two, WhatsApp already has a much wider user base in India, since WhatsApp is a messaging platform first. We tried using the payment feature within Whatsapp and it works as intended. All you have to do is set up payments, the procedure for which is quite straightforward. Your phone number will be verified via SMS and you will be prompted to give WhatsApp call permissions. Choose from more than 80 banks, select your bank account and setup will be done. If the person you are sending the money to does not have the feature yet, you can send them an invitation by pressing 'Notify'. They will have to run through the same setup procedure at their end and then you can transfer money or vice versa.

logo
Digit NewsDesk

The guy who answered the question 'What are you doing?' with 'Nothing'.

Digit caters to the largest community of tech buyers, users and enthusiasts in India. The all new Digit in continues the legacy of Thinkdigit.com as one of the largest portals in India committed to technology users and buyers. Digit is also one of the most trusted names when it comes to technology reviews and buying advice and is home to the Digit Test Lab, India's most proficient center for testing and reviewing technology products.

We are about leadership-the 9.9 kind! Building a leading media company out of India.And,grooming new leaders for this promising industry.