Latest WhatsApp Beta with UPI Payment Feature

Latest WhatsApp Beta with UPI Payment Feature

WhatsApp is attempting to include the new UPI Payment Feature in the near future. A new Beta update today had included the new instant money transfer facility.

So basically UPI or Unified Payments Interface is a Transaction System. The UPI system launched by National Payments Corporation of India (NPCI). UPI facilitates the instant fund transfer between two bank accounts on the mobile platform. The system is then regulated by the Reserve Bank of India (RBI). The NPCI announced in July that UPI has crossed the 10 million transaction mark last in June 2017, registering a 10-fold increase in 11 months from one million UPI transactions in August 2016.

In the new version ‘2.17.295’ through the Google Play Beta Programme, it says: “WhatsApp Payments: the immediate bank-to-bank transfer with UPI.” “In order to use WhatsApp Payments, you will have to accept the WhatsApp Payments and Bank Terms and Privacy Policy,”

The official “WhatsApp Payments” section for Android is still under development.

WhatsApp now will join other messaging platforms like WeChat and Hike Messenger to support UPI-based payment services.

If you still need to know more about the UPI, here to video brief explain how it work.

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