WhatsApp allows users to send and receive money directly within the app. Powered by UPI, transactions are linked to your bank account for secure and convenient money transfers. You can easily view transaction history, check details, and even manage payment settings. It's a seamless way to split bills, send money to friends or family, and potentially make purchases from businesses in supported regions.
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WhatsApp allows users to send and receive money directly within the app. Powered by UPI, transactions are linked to your bank account for secure and convenient money transfers. You can easily view transaction history, check details, and even manage payment settings. It's a seamless way to split bills, send money to friends or family, and potentially make purchases from businesses in supported regions.
Feature | Description |
---|---|
Definition | Transactions conducted through WhatsApp for sending and receiving money. |
Method | Users can initiate transactions using linked bank accounts or debit/credit cards. |
Security | End-to-end encryption ensures that transaction details remain private and secure. |
Availability | Available in selected countries, with plans for wider rollout. |
User Interface | Intuitive interface allowing easy navigation for sending and requesting money. |
Notifications | Users receive instant notifications for all transaction activities. |
Integration | Can be integrated with other payment services and banking apps for seamless transactions. |
Transaction Limits | Daily, weekly, or monthly limits may apply depending on regional regulations. |
Fees | May include transaction fees, depending on the payment method and region. |
Support | Customer support available for transaction-related inquiries and issues. |