WhatsApp Payments: Here’s how to set up and start sending money

Most people today are relying on digital payments to avoid any unnecessary contact with someone or to avoid touching anything that can spread coronavirus. Hard cash is among one of them as it travels through many hands and it is not possible to sanitise every currency note or coin you come across. Now, there are several types of online payments apps available today. One will offer both UPI as well as wallet-based money transfer and second that offers only UPI-based payment directly through the bank's portal. WhatsApp Payments is a UPI-based feature that only allows peer-to-peer money transfer.

Wondering how to set up and use WhatsApp Payments on your smartphone, follow our step-by-step guide:

Pre-requisites:
Latest version of WhatsApp app
Active bank account
The registered phone number with the bank and WhatsApp must be the same

Steps to set up WhatsApp Payments

1. Open WhatsApp on your device and tap on three dots from the top-right corner

2. Tap on Payments option

3. Tap on Add Payment method option and tap on Accept and Continue button

4. Now, Select your bank and tap on it

5. It will then gather your bank details using the registered mobile number

6. After this, verify your bank account via SMS by tapping on Verify via SMS

7. Once verified, tap on done to complete the setup process.

Steps to send money using WhatsApp Payments

Make sure the other party has also configured the WhatsApp Payment on his/her smartphone.

1. Now, Open Chat window of the contact to whom you want to send money

2. Tap on ‘Attach’ icon and choose the Payment option

3. Enter the amount you want to send and hit Next

4. Enter UPI PIN to authenticate the payment.