Here's how to get cashback on WhatsApp Payments - check step-by-step guide

WhatsApp cashback: In good news for WhatsApp users in India, Meta-owned instant messaging application WhatsApp has confirmed that it is running a cash-back campaign in India to drive more users on its digital payments service.

The company is giving away Rs 11 cashback up to three times by sending money to three different contacts via unified payments interface (UPI) on WhatsApp.

“We are running a campaign offering cashback incentives in a phased manner to our users as a way to unlock the potential of payments on WhatsApp. Offering safe, secure and easy-to-use digital payments is an important part of scaling India’s digital economy, and we’ll continue to drive awareness of payments on WhatsApp as part of our broader efforts to bring the next 500 million Indians onto the digital payments ecosystem.” WhatsApp spokesperson told Zee Business.

On its support page, WhatsApp said that it will not offer cash-back for QR code payments, payments made on collect requests or made by entering the UPI ID of recipient, as well as payments on third-party online apps using WhatsApp. Earlier this month, the National Payments Corporation of India (NPCI) approved an additional 60 million users for UPI for WhatsApp - taking its cap to 100 million for Payments.

- To receive cashback, you’ll first need to send money to a WhatsApp contact who has registered for payments on WhatsApp in India.

- If your contact has registered for payments on WhatsApp, you’ll see a gift icon next to their name. 

- If you don’t see a gift icon next to your contact’s name, you’ll have to invite them to join payments on WhatsApp before sending them any amount to receive Rs 11 cashback.

In November last year, the NPCI approved increasing the user cap for WhatsApp`s payment service from the current 20 million to 40 million users.

 The NPCI has been giving approval to WhatsApp in a phased manner so that the competition in the digital payment space in the country is not stifled. WhatsApp kicked off its ambitious peer-to-peer (P2P) digital payments pilot project in India in 2018 with nearly 10 lakh users.