WhatsApp Payments Is Now Live With SBI, ICICI Bank, HDFC Bank & Axis Bank: What Is WhatsApp Pay, How To Send Money; All You Need To Know

INDIA Team Latestly| Dec 17, 2020 10:14 AM IST
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WhatsApp finally went live with its Payments feature for 20 million Unified Payments Interface (UPI) users, in partnership with State Bank of India, ICICI Bank, HDFC Bank & Axis Bank. This will mark Facebook-owned WhatsApp's entry in growing digital payments market in India, where it will compete with Google Pay, Paytm, Walmart-owned PhonePe & Amazon Pay. In November 2020, Facebook received the approval to go live with WhatsApp Payments on a peer to peer (P2P) basis, starting from a user base of 20 million users, and gradually building up from it. After registering their WhatsApp with their bank account through UPI, the company claims that users can now send money as easily as sending a message.

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BHIM Facebook Facebook CEO Google Pay How to Set Up WhatsApp Payments on Your Smartphone Mark Zuckerberg National Payments Corporation of India NPCI PayPal Paytm PhonePe Unified Payment Interface UPI WhatsApp whatsapp pay WhatsApp Pay Feature WhatsApp Pay in India WhatsApp Pay India WhatsApp Pay Setup WhatsApp Payments India WhatsApp Payments Service
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