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When WhatsApp pay will be available in India?
WhatsApp payments service was launched in November 2020 in India. It was rolled out for more users in June 2021. Now, the payments service has been made available on the WhatsApp mobile app for all users in India. Users will see the payment notification above the list of chats in the mobile app.
Why WhatsApp pay failed in India?
After facing regulatory roadblocks and data compliance issues with the Reserve Bank of India (RBI) for more than two years, WhatsApp finally went live with the UPI payment service in India in November last year, after receiving a nod from the National Payments Corporation of India (NPCI).
Why WhatsApp pay is not popular?
According to Deepak Abbot, co-founder of fintech company Indiagold, the staggered and slow growth of WhatsApp’s India payment service could be on account of a competitive marketplace and the platform itself being uncertain of its goals for the India market.
Why my WhatsApp is not showing payment option?
To get the new WhatsApp Pay feature, all you need to do is update the app to the latest version. The feature is available on both Android and iOS platforms. Step 2: Click on the three-dotted options icon and tap ‘Payments’. Step 3: Select ‘Add payment method’.
How many people in India use WhatsApp payment?
WhatsApp users by country
| Country | Users |
|---|---|
| India | 390 million |
| Brazil | 108 million |
| United States | 75 million |
| Indonesia | 68 million |
How much is WhatsApp payment?
WhatsApp Pay is free and users won’t be charged a transaction fee. However, the limit for a transaction on WhatsApp’s payment service is Rs 1 lakh. To use WhatsApp payment, one must have an Indian number and Indian bank account.
Where is WhatsApp pay available?
WhatsApp Pay which went live in India in November last year is being rolled out to more users. Several WhatsApp users have reported getting a prompt on their WhatsApp app asking them to set up micropayments. WhatsApp Pay, as the name suggests, lets users send money from their bank accounts.
When did payment option came in WhatsApp?
WhatsApp Pay was launched in February 2018 in India as part of a trial run. Payments through WhatsApp were introduced to a million users under a partnership with ICICI Bank. On February 7, 2020, the messaging app received NPCI’s approval to roll out its digital payment service in a phased manner.
Why is WhatsApp payment not popular?