It is possible that services such as Western Union and MoneyGram will become satirical in time. Man is no longer required to go to a bank or exchange to send or receive money quickly from family, friends, etc. sources.
There is growing growth in the past years of money transfer services through chat applications. All you need is a bank account and a smartphone.
At the end of 2017, Apple has launched the service Apple Pay, through which iPhone / Mac device owners can transfer money in just a few seconds through the Messages app. It is true that this service is currently available in a small number of countries and where not all banks are affiliated, but it is a promising start.
Recently, WhatsApp launched a similar service, currently available only in India, but in the near future it will expand into more countries. WhatsApp Payment service allows you to quickly receive and send money through the WhatsApp application. The method is somewhat similar to that used by Apple in Messages.
WhatsApp Payment - What is this money transfer service and how it can be used
WhatsApp Payment Service was recently launched in India for smartphones Android and iPhone (iOS) and relies on the system transfer peer-to-peer money al Unified Payment Interface (UPI). It 's the new digital payment system that removes addiction mobile banking applications and electronic wallets. Money can be sent / received directly to your bank account with just a few screen shots.
How do I add a WhatsApp Payments bank account?
As I said earlier, WhatsApp Payments is currently only available in India. You must have the most recent version of WhatsApp Messenger install. v2.18.41 for Android or v2.18.22 iPhone.
Open the WhatsApp Messenger app and go to "Settings," and here's the new option. "Payments". If this option does not appear, this means that your service is currently unavailable in your area, and the only thing you have to do is wait until it is available.
In the "Payments"Choose the option"Banka Hesaplarımız"Then"Add New Account"To add the bank account through which the money transfer will be made. Follow the SMS validation process.
In the next screen you will be asked to select the bank for which the bank account was validated by SMS. If you have multiple bank accounts associated with the phone number, select the bank whose account you want to add. At the end of the validation process, if everything goes well, the "UPI Setup Complete" message will appear. Sign that you can start using money sending / receiving service through WhatsApp Payments.
How we send / receive money through WhatsApp Payments
First of all, to remind you that in order to send and receive money, both the recipient and the sender must have the WhatsApp Payments service available and a banking condition added to the service. Also, you can not send money to a company account. Service works only from person to person.
The process of sending money is simple and intuitive.
- Open the conversation with the person you want to send an amount of money,
- Press the "Attach" button on Android or "+" on the iPhone and select "Payment"
- Choose the amount of money that you want to transfer to your partner's conversation account and "Send"
- Enter the UPI PIN to validate the transaction.
After sending, the amount of money and the accompanying message (if you chose to send a message along with the amount of money) will be present in the conversation.
Using the "Payments" option in "Settings" you can always access your money transactions history.
Taking into account that WhatsApp MEssnger is part of Facebook, we can not rule out the similarity of Facebook messaging over time.