WhatsApp has announced the launch of a payment service
WhatsApp has announced the launch of a payment service on its official blog. The service will be launched in India in phases, initially benefiting 20 million users. Now you can make payments through the instant messaging platform WhatsApp. 
National Payment Corporation of India (NPCI) has allowed WhatsApp to launch UPI (Unified Payment Interface) Best Payment System.
  The instant messaging platform had been testing the payment method for two years, but the talk was stalled due to privacy concerns.  Discussions were constantly going on from Facebook to launch WhatsApp Pay to the Government of India.  However, it has now been approved.  A press release was released on Thursday by the National Payments Corporation of India.  "Go Live has been approved for the WhatsApp payment system," it said.  WhatsApp owner Mark Zuckerberg said in a statement that users will not be charged for using the payment service.  

WhatsApp's payment model has been allowed to go live in phases, according to the payment model, which has been allowed to go live phase-wise.  That is, it can be made live in different phases.  Initially the company has got approval for 20 million (2 crore) UPL user base, but later its area will be increased in graded manor.
This is how the feature will work. WhatsApp Payment will be available in ten regional languages ​​in India.  If your WhatsApp app already has a payment option, you can use it now.  Otherwise you can check the payment option by updating WhatsApp.  To use WhatsApp Payments, customers need to have a debit card that supports UPI.  By going to WhatsApp Payment option, you can select the bank and activate it by filling in the details.  Nutu Kata Only * * 350 o WhatsApp has said in its statement, from today, WhatsApp users in the country will be able to pay with this app.  WhatsApp has teamed up with the National Payment Corporation of India to develop the UPI Best Payment Interface, which also focuses on data localization.  WhatsApp has contracted with five major banks for payment services.  These include ICICI Bank, HDFC Bank, Axis Bank, SBI 211 Jlo Payments Bank.  Notably that.  Money can be sent from WhatsApp not only to WhatsApp but from any UPI supported app from WhatsApp.  This means that even if someone is not using WhatsApp payments, you will be able to make payments through WhatsApp.
According to WhatsApp, payment will be secure here and a UPI PIN will be required for the transaction.  WhatsApp payments will be available on both Android and iOS platforms, the company said in a statement.  Users can update the app for it.  Paytm to compete Paytm, Google Pay and PhonePay will compete in the digital payment market with the launch of this service.  There are currently more than 45 third-party apps offering UPI-based payments services, including Google Pay, Amazon Pay, Flipkart and Phone Pay.  In addition, 140 banks such as Paytm Payments Bank, Airtel Payments Bank and Axis Bank also offer these services. 

 Paytm founder Vijay Shekhar Sharma has been consistently opposed to WhatsApp.  He says the service is not secure for the user and there is a risk of fraud.  India is the largest market for WhatsApp.  WhatsApp has a total of over 400 million active users in India.