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WhatsApp UPI based payment service to launch in December Report

WhatsApp’s UPI-based payment service to launch in  December:

, Whatsapp is getting ready to launch its in-app to launch a UPI-based payment service in India in December. One person was quoted in the report with the knowledge of the plan which told that in November, Whatsapp will unveil an extended beta program and present the full roll in December. The Facebook-owned company is currently testing this facility.
To remember, in August BetaSave Payment Service features were seen in Android Beta, which was suggesting an upcoming launch. According to whatsapp blog, whatsapp beta version 2.17.295 has a UI integration feature. In particular, this feature appears "hidden and under development", so on the Whatsapp beta version, this feature may not be able to see it yet.
Meanwhile, Whatsapp has partnered with State Bank of India's ICICI Bank, and asked HDFC Bank to provide its payment service facility. The UPA essentially allows immediate transfer of funds between two people or bank accounts through smartphone integration of the UPA-based payment services in WhatsApp, which means that more than 250 million Indian users will be able to send and receive money within the app. Will be enabled.
Apparently, there will be a 'Rupee' icon in the app, which can send people money or request for a contact when clicked. The 'Rupee' symbol is said to appear in the chat window along with the 'Share Location' mark. It has been further stated in the report that those contacts who receive the request notification for money can either accept or reject it.

It is important to note that the payment interface can work differently, when it is officially launched, whatsapp has not yet announced it. The service will be called whitspeed peel or there is still more to be seen. Previously, a report from The Ken suggested that Whatsapp is already negotiating with the government in support of the UPA (Unique Payment Interface) with the Apple


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