HomeMoney & WealthWhatsApp Payments - How to Activate and use? - Complete Guide

WhatsApp Payments – How to Activate and use? – Complete Guide

WhatsApp Payments facility is officially launched. Now, you can send and receive payment via WhatsApp. It is a UPI payment service. This facility is launched in India in collaboration with the National Payment Corporation of India (NPCI). A bank account and debit card are mandatory to send money via WhatsApp. This payment service is available in 10 different regional languages. To get an option of payment you need to update your WhatsApp version. You can go to the Play Store or App Store and update your Andriod and iOS device to get this option. The payment option is available for WhatsApp version

I am sure that you are excited to know more about WhatsApp Payments services and how to use it. Here is a complete guide explaining how to activate WhatsApp Payments for usage.

WhatsApp Payments

How to add Bank Account in WhatsApp Payments?

Step 1 – Open WhatsApp on your mobile. Click on the three-dotted icon located at the top-right corner of the home screen.  

Step 2 – Click on the Payments. You will be able to see a new menu. Under the “Payment methods” section, you will get an option to “Add payment method”. On clicking the “Add payment method”, you will be prompted with terms and conditions for acceptance. Click on Accept and Continue. 

Step 3 – The system will fetch a list of banks on the screen. You can only select the bank where your mobile number where you are using WhatsApp is linked. Once you select the bank your mobile number will be verified and you will be shown bank account numbers. 

Step 4- Select the bank account to add. You will get information that your bank account is added. Press on done button.

Step 5 – The next step is adding UPI PIN to send payments. If your UPI is already set for the account you will see UPI. If you want to add a new UPI you will need a debit card. Your debit card details will be verified. 

Step 6 – You need to input the last six digits of your card and expiry date, month, and year. Once you are done your UPI is setup successfully.   

Step 7- You can also remove the payment method by going inside the bank account detail and clicking on the three dots given at the top. You need to click on the Remove Payment method to remove a payment method. 

How to send money via WhatsApp?   

WhatsApp Payments User 

Step 1 – Sending money via WhatsApp is very easy. Open the chat window of the individual to whom you want to send money via WhatsApp. 

Step 2 – Now from the chat window click on the ‘Attachment’ icon and select the Payment option. The person to whom you are sending money should have a payment account linked with WhatsApp. If a payment account is not created you can click on the Notify button to send a notification to the person to whom you are trying to send payment. 

Step 3- Now enter the amount you want to send in the given space and click on the “Send”. Your money will be successfully transferred once your UPI PIN is verified. 

Payment to other App via QR Code or UPI 

Step 1 – You can also send payment to other UPI app users such as Google Pay, Paytm, Phonepe, etc. Steps are given below to scan a QR code for sending payment.

Step 2 – Open the WhatsApp messenger on your mobile and go to the “Payments” tab by clicking on the three dots given at right most corner. 

Step 3 -You will see your payment method. On the top right corner, you will see three dots. On clicking that you will “Scan QR Code” option. Click on the option and you will be able to scan the QR code.

Step 4 – Another option to send payment via QR code or UPI ID is by going to the “Payments” option can clicking on the “New Payment” button. 

Step 5 – At the top, you will see an option to send money to UPI ID. Click on that and you will be prompted to enter the UPI ID of recipients. After verification, you will be prompted to enter the amount for transfer. Upon entering the UPI PIN money transfer takes place. 

How to get my QR Code for WhatsApp Payments? 

Step 1 – If you want to receive payment via QR code in WhatsApp you need QR Code or UPI ID. UPI ID is known to you but to get your QR code follow the steps given below. 

Step 2 – Open WhatsApp Messenger and click on the three-dots given at the rightmost corner. Go to Setting and you will be able to see your profile picture. 

Step 3 – Besides profile picture in the right most corner, you will get a QR code tab. On clicking the QR code tab you will be able to see your QR Code.

Payment History  

Your payment history will be maintained in the Payment History tab. You will get all information about payment done by going to the “Payments” tab and looking at Payment History. 

If you are getting any error or if you need help you can visit the help section. A chatbot with FAQ is placed in the help section. 

Over to You 

WhatsApp Payments is a very good initiative by WhatsApp. Many users will adopt this facility also. However, UPI payment app is a saturated market. There are many players in the market such as Google Pay, Paytm, PhonePe. 

We need to wait and watch to see how WhatsApp Payments becomes popular. 

Shitanshu Kapadia
Shitanshu Kapadia
Hi, I am Shitanshu founder of moneyexcel.com. I am engaged in blogging & Digital Marketing for 10 years. The purpose of this blog is to share my experience, knowledge and help people in managing money. Please note that the views expressed on this Blog are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment , tax, financial advice or legal opinion. Please consult a qualified financial planner and do your own due diligence before making any investment decision.