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WhatsApp Payments now live; SBI, HDFC, ICICI, Axis support feature through UPI
WhatsApp Payments aims to add to the growth of digital transactions in the country along the lines of the government s vision
BusinessToday.In | December 16, 2020 | Updated 12:39 IST
WhatsApp Payments now live
WhatsApp Payments is now available to around 20 million users in the country. The payments feature is being supported by State Bank of India, HDFC Bank, ICICI Bank and Axis Bank. The WhatsApp Payments feature designed on National Payments Corporation of India s (NPCI) Unified Payment Interface (UPI) system was granted approval to go live in November 2020 on a peer-to-peer basis. This means that users will be able to transfer money in a manner similar to sending messages.
WhatsApp Payments goes live with ICICI Bank, SBI and others across India
Days after its announcement, WhatsApp Payments is now available with ICICI Bank, SBI, HDFCfor all users in India.
Ankita Chakravarti | December 16, 2020 | Updated 13:59 IST
Highlights
WhatsApp Payments is now available with ICICI Bank, SBI, HDFC for all users in India.
The Facebook-owned messaging app has partnered with banks including State Bank of India, HDFC, ICICI and Axis Bank. WhatsApp was granted approval by NPCI to go live in November 2020.
Days after its announcement, WhatsApp Payments is now available with ICICI Bank, SBI, HDFC for all users in India. The Facebook-owned messaging app has partnered with banks including State Bank of India, HDFC, ICICI and Axis Bank. to make the feature available for Indian users. WhatsApp was granted approval by NPCI to go live in November 2020. The payment method will let WhatsApp users transfer and receive money on the platform.
»WhatsApp Payments Is Now Live With SBI, ICICI Bank, HDFC Bank And Axis Bank For UPI Payments
1-MIN READ
WhatsApp Payments Is Now Live With SBI, ICICI Bank, HDFC Bank And Axis Bank For UPI Payments
WhatsApp Payments on WhatsApp for iPhone (Image: News18)
It was in November that WhatsApp Payments was given the approval to enable payments for users in India within the WhatsApp app. The WhatsApp Payments update comes at a time when the government is making a continuous push for enabling digital transactions, as part of the larger Digital India initiative.
Last Updated:December 16, 2020, 12:01 IST
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»Explained: Here Is How You Can Set Up WhatsApp Payments On Your iPhone Or Android Phone With UPI
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Explained: Here Is How You Can Set Up WhatsApp Payments On Your iPhone Or Android Phone With UPI
WhatsApp Payments on WhatsApp for iPhone (Image: News18)
At this time, WhatsApp Payments is being rolled out for 20 million WhatsApp users in India, with expansion to enable the option for more users happening in a phased manner. The announcement comes as part of the Facebook Fuel for India summit.
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WhatsApp Payments feature is now available to up to 20 million users in India for enabling UPI payments, as the first stage of the phased expansion. The Facebook owned WhatsApp platform confirms that WhatsApp Payments are now Live with State Bank of India, ICICI Bank, HDFC Bank and Axis Bank, and will enable the National Payments Corporation of India’s (NPCI) Unified Payment Interface (UPI) system for users to make payments, money transfers and more. The announceme