THE NEW WhatsApp PAYMENT SYSTEM.

 
Image credit: m.gadgets.ndtv.com
WhatsApp is preparing to introduce payments to its messaging app, making it the latest service to let users transfer money to one another with a text.
A beta version of WhatsApp's next update revealed the service could soon support payments. Pictures emerged of a "Welcome to WhatsApp Payments"
screen, which was discovered by the
blog WABetaInfo.

A screenshot of WhatsApp's upcoming
payments system CREDIT: WABETAINFO
WhatsApp, which has more than a
billion users a day, is trialing
"immediate bank to bank transfer
with UPI". UPI, or Unified Payments
Interface, is a payments system run by
the Reserve Bank of India, which
appears to confirm reports that the
payments service would be coming to
India first.
It is not clear when WhatsApp
payments might be made available in
the UK.

An initial release in India, where
WhatsApp has been recruiting local
payment app experts , would give
around 200 million users the ability to
transfer money through the app.
WhatsApp refused to comment on its
future plans for WhatsApp Payments,
but said: "India is an important
country for WhatsApp, and we're
understanding how we can contribute
more to the vision of Digital India.
We're exploring how we might work
with companies that share this vision
and continuing to listen closely to
feedback from our users."

WhatsApp recently said it would be
adding a host of new features after it
reached the one billion daily users
milestone. The company said: "We’re
committed more than ever to bringing
you more useful features to enjoy,
while delivering the reliability,
simplicity, and security you expect
with WhatsApp."

Other new WhatsApp features have
included trials of the ability to
"unsend" messages , which would let
users recall messages sent within five
minutes, offering a way to prevent
embarrassment over mistaken texts.
Other hidden gems on the messaging
service include a typerwriter font,
bold, italics and strikethrough and the
ability to share files automatically
from iCloud and Google Drive.

Source: www.telegraphcouk/technology/2017/08/15/whatsapp-add-payments-messaging-app/

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