WhatsApp has launched P2P payments into beta in India

WhatsApp for business are growing day by day.

In India, launching so many applications base on phone to phone payment, even Whatsapp is also trying to their hands in this market.

WhatsApp has announced a new P2P payment feature which makes the money transfer between one to another whatsApp user.

This features is under the testing phase, it launch beta version.

Remember one think it's not include merchant accounts at all.

To make digital India is the major objective of WhatsApp behind launching this feature is to encourage people for the digital payments. It will be a strong competition to other digital wallets.

This person-to-person payments feature is yet to enter the market with some restricted places and not throughout India.

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Actually, WhatsApp are working on this P2P payment transaction feature for quite a long time.

It will be done through Unified Payment Interface (UPI) and many Indian banks like Axis, HDFC, ICICI, SBI etc. is ready to support WhatsApp in launching this feature all across India.

With a strong of more than 300 million active users across India, launch of this feature will prove to be beneficial for WhatsApp and is sure to give good competition to other Digital Payment Applications.

On receiving this feature, first you need to configure it.

Configuration will be done by verification process via mobile number and also SMS ending up with opting for a bank.

After this, the Payment option will be available for use and will be visible in the same panel where you get to see options like Camera, Document, Photo & Video Library, Location, Contact.

The giant of Social Media, Facebook is also a step ahead in this feature.

They have got all the approvals from Indian Government for integrating UPI into the messaging services.

Apart from that Facebook is also running their hand on group video calling feature which will allow 3 people at a time talking to each other through video call.

We are expecting this feature are launch in booth android and iPhone too.

WhatsApp is expected to dominate other Person-to-Person Payment Applications in India as many people here using smartphones with less storage in their phones of which maximum storage is being utilized by WhatsApp.