Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
Tech
News18 » Tech
1-min read

WhatsApp Pay: Soon, Make Payments Through Your WhatsApp Chats

WhatsApp is working towards incorporating a new segment in its chat platform. The Facebook-owned company is aiming to provide its users with a new feature which will enable them to make fund transfers from within the app. Read to know how the feature will work and when it is expected to roll out.

News18.com

Updated:October 31, 2017, 3:30 PM IST
facebookTwitterskypewhatsapp
WhatsApp Adds Feature to Check 'Delete For Everyone' Misuse (Photo for representation/ AFP Relaxnews)
WhatsApp Adds Feature to Check 'Delete For Everyone' Misuse (Photo for representation/ AFP Relaxnews)
Loading...

WhatsApp is set to join the long list of companies working on providing a payment option to their users. As per recent reports, the chat-based platform is set to roll-out a new feature that will enable WhatsApp users to make fund transfers from within the app itself. The feature on which the company has apparently been working for the past few months may see the limelight within the coming months and what’s more, WhatsApp may roll it out first in India, thanks to its largest user base in the country.

WhatsApp Pay, as the new feature is expected to be called, is reportedly in its final testing phase. Reports also reveal that the Facebook-owned company has tied up with SBI, ICICI and HDFC as the bank partners for the feature, which will essentially work on a UPI based payment method. The feature will reveal a ‘Rupees’ symbol under the ‘Attachment’ option in a WhatsApp chat. Using this, users can make fund transfers through a simple one-step process by entering the amount to be transferred and the UPI PIN. The added convenience is that users will not have to exit the chat screens in order to make the payments.

A similar trend was adopted by the Chinese equivalent of WhatsApp – WeChat. Being a chat platform, WeChat had launched a payment option for its users and since then, has become a major player in the payments market. If WhatsApp is able to roll-out this feature efficiently, it may become a tough competitor for the existing payment platforms in India including Paytm, Mobikwik and others.

Watch Video: Review Apple iPhone 8 & 8 Plus | iPhone 8 Plus Camera | News18 Tech

 

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Sarthak Dogra
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results