There is no doubt that the Unified Payments Interface (UPI) has made digital payments very convenient. Now many Indians prefer big and small transactions via UPI. It is not a stretch to say that UPI has revolutionised the world of digital payments. In 2020, WhatsApp introduced the UPI-based payment feature as a pilot project. After its success, it rolled out UPI payments for its Indian users.
A key advantage that WhatsApp has for its UPI service is its huge subscriber base in India, which is believed to be 535.8 million as of 2024. However, WhatsApp is still behind Google Pay and PhonePe when it comes to person-to-person transactions.
If you have been thinking about activating the UPI payment via WhatsApp then here are the simple steps:
– Open the WhatsApp chat window of the person to whom you want to make the payment. Click on the attachment icon.
– Select the 'Payment' option and accept the terms and conditions.
– Enter the amount you want to transfer, put in your UPI pin, and wait for the payment to process.
This way making a payment has become as simple as sending a text or documents. The payee and beneficiary get notified about the payment in their WhatsApp chat window itself. However, in case someone wants to confirm the status of the payment, they can check the bank transfer details on the SMS or confirm the transaction details via the bank.
How to set WhatsApp UPI
– Open WhatsApp and go to Settings.
– Select the Payments option
– Select the ‘Add new account’ option.
– Choose your bank from the options that are mentioned. Make sure that your selected bank account is also linked to your UPI account.
– After selecting the bank account, you will be asked to set a UPI pin.
– Set up the UPI pin and you are set for WhatsApp UPI transactions.
Amidst the UPI payments, one can also use the WhatsApp QR scan feature to transfer funds.
How to make UPI payments via WhatsApp QR scan
– Open Whatsapp and go to Settings.
– Select the ‘New Payments’ option.
– Select the ‘Scan QR Code’ option.
– Point your camera to the QR code.
– Put the amount you want to transfer and complete the payment after putting in your UPI PIN. The payment will be done.
WhatsApp could soon become a powerful payment option for millions, as the platform is testing international UPI payments, wherever the service is available.
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