Now it appears WhatsApp is preparing to make a big entry into the Indian UPI space as the app was discovered while testing the function.
WABetaInfo, the website that keeps track of the changes and upcoming features of the Facebook’s own app, has discovered a new section on UPI payments launch that is expected to be rolled out soon.
“Send and receive money securely right where you chat,” says the screenshot. After that, users should be asked to link their bank accounts to their WhatsApp accounts and they should be ready to make and accept transfers.
Although WhatsApp does not currently officially offer UPI support, WhatsApp users in India can use this feature via a payment request. This works like an invitation-based system. Now, if you want to enable this feature, you can do so by finding someone who has it already enabled.
The WhatsApp payment Services was launched in India as a beta in 2018 with a 1 million user limit, but last year with regulatory approval from the National Payments Corporation of India ((NPCI) in 2020 WhatsApp was allowed to use his Unified Payments interface or UPI gateway in a “tiered” manner.