WhatsApp Pay now live in India: Link these 5 bank accounts to use service
4 years, 1 month ago

WhatsApp Pay now live in India: Link these 5 bank accounts to use service

Live Mint  

With over 400 million users, WhatsApp has received the National Payments Corporation of India's approval to ‘Go Live’ on UPI in a graded manner. However, the UPI payments service will reportedly be rolled out to 2 crore WhatsApp users initially while the Facebook-owned messaging app has more than 40 crore users in the country. 5 banks WhatsApp has partnered with WhatsApp also said that it has partnered with five Indian banks -- ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank --for the service. "We’re delighted to be working with five leading banks in India: ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank. "WhatsApp sends instructions to banks, also known as payment service providers, that initiate the transfer of money via UPI between sender and receiver bank accounts," it said.

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