This service is mentioned in the new version of Whatsapp 2.17.295. The official What's Payments section for Android is currently being prepared. In the blog also, the users will have to accept the Terms and Conditions of the WhatsApp Payment and Bank Terms and Conditions to use this service.
Provides fund transfers UPI -
Through the UPA mobile platform, the facility of transfer of Instant Fund between two banks facilitates transfer. It was launched by the National Payment Corporation of India and the Reserve Bank of India. With 200 million active users, the WhatsApp users are being added to the app. This will increase the user experience more than ever. Assuming media reports, Whatsapp is in talks with the banks taking payment through NPCI and the UPI.
Let us know that mobile messaging platforms like WeChat and Hike Messenger are already providing the UPA based payment service. NPCI had said in July that the UPA had crossed the 10 million transactions figure by the end of June 2017. The UPA Transaction System was launched in August 2016 with 21 banks. Now 50 banks have joined it. It is being reported that 22 percent of transactions are based on merchants, which are increasing rapidly.
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