WhatsApp management has introduced a new facility to transfer money through phone app in India.
This mini service of WhatsApp is available in more than 10 local languages ​​of India. The National Payment Corporation of India (NPCI) is a partner in this money transfer service, while the services of Unified Payment Interface (UPI) have also been procured for the money service. The service provides transactions with more than 160 banks.
To transfer money from this app you will need a debit card which supports UPI, with the help of which you will be able to use your account for money transfer.
WhatsApp says that every feature and payment feature of the app has been developed in accordance with the principles of security and privacy.
Facebook and WhatsApp founder Mark Zuckerberg said in a statement that with WhatsApp, you can now easily transfer money to your friends and family via a single message. There is no fee, the money can be transferred to more than 140 banks.
It should be noted that WhatsApp had announced in early 2018 that they are working on WhatsApp Money service and it will be launched soon. The service has been launched from India.