Whatsapp Payment: Now the new feature is coming to WhatsApp New Feature. It will benefit you. This feature will be of great use, especially in payment. WhatsApp soon is about to bring a new feature for their users.
No more pins
After this feature is launched, it will be easier to deal with WhatsApp. Users do not have to enter PIN repeatedly. Statistics says India is the biggest market for WhatsApp. Billions of people are about to get this benefit since this feature was introduced. Let’s find out the details about this feature.
Payment will be easier
Media report says WhatsApp payment is about to include UPI lights in the effectiveness. This will make the payment easier for users. UPI lights are commonly used for small quantities of transactions. This does not require core-banking system. Users can add money to this wallet and do not require too much verification to transfer them. This makes the payment faster and easier. The company is currently developing this feature. It may take some time to turn on.
At the moment these companies are providing UPI Light Services
Currently, Gpay, Paytm, PhonePe and Samsung Wallet are providing UPI Lite services in India. After the launch of this feature, it will be easier to deal with WhatsApp. Competition is very difficult for digital payment in India. WhatsApp pay is facing a tough challenge here. Currently, PhonePe is here with about 48 percent market share. Google Pay is the second largest company here with 37 percent market share
WhatsApp has received approval some time ago
Whatsapp Pay has recently been allowed to launch UPI service for all its users from the National Payment Corporation of India (NPCI). Earlier, the company’s limit was imposed on the company, but now it has been lifted. WhatsApp pay has not yet been able to reach the old limit and it has been able to collect about 5.1 million users, which is about 10 percent of its total user base.
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