Whatsapp payments has been reported to be testing the Unified Payments Interface, or UPI, functionality to integrate into the WhatsApp Messenger app. After the demonetization act as the country is growing digitally, it has introduced a payment system for the users of the whatsapp in India. This platform is used by many people in India. Whatsapp had been testing the option in beta and now it is confirmed that it is paid. This feature is spotted for the android as well as for the iOS. With this feature, people can transfer money easily through the medium of whatsapp.
The reasons for introducing such a system is that firstly, the country is growing digitally at a very fast rate after the demonetization act and the users of whatsapp has increased a lot. Thus by this, the people will be benefited a lot. It is basically based on the UPI. The transaction with the whatsapp is very simple, just one has to link the bank accounts which is already linked to the UPI. This feature is added with the same attachment option. It is added with the same option. As this feature is new in India, people will get difficulty in transacting money.
As the users of whatsapp has been increased in India at a very high rate everyone is thinking of many changes in new technology. UPI payments enable the person to directly transfer and receive the money from the bank accounts just entering the VPA to transfer. This system will be beneficial for many persons who finds it difficulty to go the bank for depositing or transferring the money. One can even select the name of the bank to which one has to transfer money. A list of bank names will be available. Whatsapp payments will bring many benefits.