Whatapp Money Transcation and new Payment method
Whatsapp is going to launch payment option. W hatsApp, which has more than a billion users a day, is trialing "immediate bank to bank transfer with UPI". UPI, or Unified Payments Interface, is a payments system run by the Reserve Bank of India, which appears to confirm reports that the payments service would be coming to India first. This will be the first time that WhatsApp is introducing the payments feature anywhere in the world. The feature is in its final stages and WhatsApp employees are testing it out, according to a person with knowledge of the plan. “They are likely to do some sort of an extended beta program for the feature in November and by December you can expect a full rollout,” the person said, asking to stay anonymous. Others have already taken that jump. Sweden-based Truecaller, which counts India as its largest market, introduced user-to-user payments last week through a tie-in with ICICI Bank that also utilizes UPI. It is ho...