WhatsApp Pay is one of the newest payment methods to hit the Indian market. It’s an in-chat payment feature that allows users to complete transactions via their WhatsApp contact list. WhatsApp Pay is developed by the National Payments Corporation of India (NPCI) and operates on the UPI platform, allowing users to send and receive money.
Today, WhatsApp Pay is a trusted banking method in many Indian online casinos and joins other popular Indian payments like Google Pay, Paytm, and PhonePe that run on the UPI platform.
It’s available to players with a WhatsApp account, and a user must initiate a payment to a contact. Once the payment request is received, the user can set up the UPI account using this platform and start making regular payments. This guide will cover the basics of WhatsApp Pay, its features, and why you should use this as an alternative casino banking option.
WhatsApp’s History and Use in India
WhatsApp is a popular messaging app that boasts over two billion users in more than 180 countries, including India. The platform is free to use and applicable on all mobile devices that run on iOS, Windows, and Android systems. Initially, the app supports sending and receiving messages in the form of texts, videos, and documents, as well as voice calls. But with the launch of WhatsApp Pay in February 2018 in India, the messaging expanded its utility and audience.
As part of its trial run, the operator partnered with ICICI Bank to allow millions of its users to use the platform for payments. On February 2020, it earned the approval of NPCI to roll out its payment services in a phased manner. Based on the agreement, WhatsApp Pay will offer its payment services to 10 million users in India.
How to Enable WhatsApp Pay on your Device?
Using WhatsApp to make payments is fast and highly convenient.
First, you’ll need to enable your WhatsApp Pay:
- Initiate a payment to one of your contacts.
- Once he receives the request, you can set up your UPI account on the app.
Using WhatsApp Pay for Payments
With WhatsApp Pay, you can send money or fund your account through chat by tapping the ‘Share’ file icon and selecting ‘Payment.’ In addition, you can quickly check your account and transaction history on the same window. Furthermore, since WhatsApp works using the Unified Payments Interface or UPI method, casino players don’t need to share their bank details and the IFSC codes of the recipient.
WhatsApp Pays offers a simplified way of making casino payments. First, users must submit the UPI ID to complete the payment. Then, using the QR code, a WhatsApp user can send money to people or betting sites that are not part of the contact list.
Issues with Using WhatsApp Pay
When it comes to payments, one of the primary concerns is privacy. WhatsApp is owned by Facebook, and many are asking if it will share users’ information with the parent company. WhatsApp India has released a statement saying their received privacy update does not cover payments.
In a post, WhatsApp India shared that the WhatsApp India Payments Privacy Policy covers payments made on the UPI-based WhatsApp Pay platform.
The site adds that “if there is any conflict between the WhatsApp India Payments Privacy Policy and the WhatsApp Privacy Policy, the WhatsApp India Payments Privacy Policy will control solely with respect to your use of UPI Payments.”
With this clarification, WhatsApp Pay in India positions itself as a viable alternative for bettors looking for a convenient way to make payments.
