How to send money through WhatsApp - briefly?
To send money through WhatsApp, first ensure that both you and the recipient have the latest version of the app installed on your smartphones. Then, open a chat with the recipient, tap on the attachments icon (paperclip), select "Payment," and follow the prompts to complete the transaction.
How to send money through WhatsApp - in detail?
Sending money through WhatsApp is a convenient and secure way to transfer funds directly from your bank account or debit card to another user's bank account. WhatsApp Payments, currently available in India and Brazil, allows users to send and receive money seamlessly within the chat interface they are already familiar with.
To start using WhatsApp Payments, follow these steps:
- Update Your App: Ensure that you have the latest version of WhatsApp installed on your device. You can update it through the Google Play Store or Apple App Store.
- Verify Your Phone Number: Make sure your phone number is verified with WhatsApp. This is crucial for security and to ensure smooth transactions.
- Link Your Bank Account: Open WhatsApp and go to Settings > Payments. Here, you will see a list of supported banks. Choose your bank from the list and follow the instructions to link your bank account. You may need to enter your bank details such as account number and IFSC code (for India) or verify through your banking app (for Brazil).
- Set Up UPI PIN: After successfully linking your bank account, you will be prompted to set up a UPI PIN for added security. This PIN is used to authenticate each transaction.
- Sending Money: To send money, open the chat of the person you want to send money to. Tap on the attachment icon (paperclip) and select Payment from the options. Enter the amount you wish to send and tap 'Send'. You will be prompted to enter your UPI PIN to confirm the transaction.
- Receiving Money: When someone sends you money, you will receive a notification within WhatsApp. To accept the payment, open the chat, tap on the payment notification, and confirm the receipt by entering your UPI PIN. The funds will be directly credited to your linked bank account.
- Transaction History: You can view your transaction history by going to Settings > Payments > Transaction History. This feature helps you keep track of all your sent and received payments.
WhatsApp Payments ensures that your transactions are secure and encrypted, providing a layer of protection against fraud. It also offers 24/7 customer support to assist with any issues or queries related to the payment service.
By following these detailed steps, you can easily send and receive money through WhatsApp, making financial transactions more accessible and efficient for users.