WhatsApp has recently launched two popular features: live location sharing and delete for everyone. Now, the messaging app will enable users to make digital payments directly to their contacts via WhatsApp. Several reports and rumours have been floating around the feature for quite some time now. It remains to be seen when WhatsApp will formally announce ‘Pay’ in India.
According to the report, WhatsApp is working on the payment via chat option on its app and it may be ready by December 2017. Once the feature is developed, Indian users can expect the update on their phones as well. The report cites a source as saying that the WhatsApp Pay will see an extended beta roll out in November and can be available all over sometime in December. Previous reports had claimed that the Facebook-owned messaging app is in talks with financial institutions to bring this new feature. However, there has been no official word on the payments feature from WhatsApp until now. But if the company is actually working on the feature, it may mean a big setback for others as it has over 200 millions subscribers in India itself.
WhatsApp has reportedly started talks with banks like SBI, ICICI, and HDFC for the in-app payments feature. According to the report, it will be a simplistic feature where users will not have to exit their chat windows and send money like they send pictures or videos. The source quoted in the report said that there will be a rupee icon on the app which will be used to make transactions.
How WhatsApp Pay feature works?
When you click on the attachment button, you will be able to see a rupee icon. Once you click on it, WhatsApp will reportedly ask you to type in the amount to be transferred. After this, you will have to enter a PIN code to confirm the transaction. Once the receiver gets a message, he/she will have the option to either accept or reject the payment.
It should be noted that this is just a report based on a source and the feature may not work like it is expected to. We can only confirm the WhatsApp Pay feature once the company decides to announce it.
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