WhatsApp’s p2p payment goes live in India—transfer money to friends within the app

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Credit: https://www.deccanchronicle.com/technology/mobiles-and-tabs/230317/whatsapp-text-status-update-shows-up-on-ios-windows-and-android.html

WhatsApp’s p2p feature that will let users transfer money among themselves is one of the worst kept secrets. The feature is now being tested in India, and users can now transfer money within the app. For now, the p2p feature only allows you to transfer money to friends to the exclusion of merchant accounts, TechCrunch reports.

The feature has not been officially announced because it is not widely available at the moment. However, some users in India have already spotted the payment option on their phones. Some beta testers have found the feature on their phones, including a list of supported banks in the WhatsApp interface.

Early testers of the functionality have confirmed with screenshots that a payment feature now appears in their WhatsApp Settings menu.

Credit: http://www.iphonehacks.com/2018/02/whatsapp-payments-ios-screenshots.html

To configure the p2p functionality, you need to first verify your phone number via SMS and choose a bank from the list. Once this is done, the option to send payment is soon added and becomes available from the WhatsApp’s main interface. The functionality becomes available in the same area where you can also share file, video, contact and photo.

The feature is built on India’s Unified Payments Interface [UPI], which allows for instant money transfer between various bank accounts in India; one of the largest tech markets in the world. The UPI is a platform that enables exchange or transfer of funds between customers at no charges; and is the same as what other early entrants into the market are using.

WhatsApp has a solid userbase in India—and with 200 million people using the app in that country, adding a p2p functionality to its service already gives it a big edge ahead of others. Though, there are small matters of building partnership with merchants and adding more features to the service; the Facebook subsidiary has a strong case.

Google announced last December that its payment app Tez, will soon cross 12 million active users in India—and that is a significant achievement considering the fact that it was only launched in September.

To make Tez even more competitive, Google also added an option that will connect you with service providers in India. Once connected, you will be able to among others, pay your electricity bills, broadband bills, and many others. You will also be able to retrieve your billing history and pay off your outstanding bills with just a few taps.

Last week, WhatsApp became the first messaging app to add Apple’s CarPlay to its service. The messaging app now works with the Apple automotive platform following its latest upgrade to version 2.18.20.

First you will have to update your WhatsApp app to the latest version. After the update has been successfully completed, the messaging app will automatically appear as an app when your iPhone is connected to CarPlay. The service works just like other messaging app due to Apple’s sterner rules for CarPlay messaging apps.

How it works: Once the CarPlay app has been added to your WhatsApp app, you will be able to see your unread messages through a badge icon. You will also have your received messages read out to you by Apple Siri, as well as send new ones through dictation.


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Author: Ola Ric

Ola Ric is a professional tech writer. He has written and provided tons of published articles for professionals and private individuals. He is also a social commentator and analyst, with relevant experience in the use of social media services.

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