Whatsapp Pay VS Whatsapp messenger – are they different Apps? Is Whatsapp Pay free?

Starting today Whatsapp users can send money on Whatsapp Pay and it is as simple as sending a message. WhatsApp Inc., the Facebook-owned messaging platform, has been testing its payments feature since 2018 and now will roll this out for users across the country in 10 regional languages. Whatsapp received approval from the National Payments Corporation of India on Nov 5, 2020 and announced this today (https://twitter.com/WhatsApp/). The application was initially tested in association with ICICI Bank, however, Whatsapp Pay will be supported with over 140 banks to make the UPI transfer possible via Whatsapp. However for now only ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank will support this service.

Are Whatsapp Pay and Whatsapp Messenger different Apps?

Whatsapp Pay is not a different standalone app. It is a feature that will be made available on Whatsapp messenger app itself. You can access this feature on Android and iOS devices which have latest Whatsapp version installed.

Also read: Whatsapp Disappearing messages launched – What it is and how to activate?

Is Whatsapp Pay free to use?

Yes, it is absolutely free. Whatsapp won’t charge any fee while a user sends or receives money via the messaging app, confirmed Mark Zuckerberg.

How to use Whatsapp Pay?

  • Download the latest version of Whatsapp on your Android or iOS device
  • Have a debit card with a bank that supports UPI and set up this information in Whatsapp. Funds can be transferred only to your contacts who have UPI set up in Whatsapp, alternatively use bar code scanner to send funds to someone not on your contact list
  • Users can issue payments by tapping on the share symbol and choosing ‘payment’ which is accessible on the easy route menu. Any funds exchange history would also be available.

So far, we have had two leaders in this segment- Google Pay and Phone Pe. With entry of Whatsapp that has huge customer base in India, there is going to be healthy competition that will benefit users. Money transfer made simpler, private and secure. Hope you enjoy this phase of digital revolution of India.

Also read: Whatsapp not showing Payment Option? Trick to enable it

Suketu K G

Bollywood buff, OTT fanatic, Sports enthusiast, budding tech-geek. Hello readers, this is Suketu. All the articles on AllTimeTrends that you read are written by me. I also like to write about all that is trending on social media. When not writing, I'm mostly travelling, binge-watching, or discovering new dishes on the streets of Mumbai!