WhatsApp latest update: Facebook-owned WhatsApp, one of the famous instant messaging applications, keeps adding new features to its platform. Recently, this Facebook-owned messaging platform launched some new features, including WhatsApp Payments.

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For those uninitiated the feature basically allows users to send money to other users via chats in the app. According to WhatsApp, a simple setup for fast transfers is - add your bank account just once to send and receive money on WhatsApp from anyone who uses UPI-based apps.

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To use this feature, You need to open a WhatsApp account and tap on the three-dots menu at the top right corner. then, you will find the Payments option above Settings. Tap Add payment method, you will be prompted to ‘Accept and Continue’. The leading page will open a list of banks, select your bank

While setting up WhatsApp Payments on a device is easy, transferring money to recipients is as simple as a cakewalk. Here’s how you can send money to others using this feature. First up, open your WhatsApp account on your device. Open Payments under the three-dots menu

At the bottom right corner of the screen you will find New Payment option. The following page will pop-up the list of contacts you have saved in your WhatsApp account.  Select Send to a UPI ID, enter recipient’s name > Verify> enter the amount> press Next> enter UPI PIN. Alternately you can tap on the contact you would like to send money/ Tap on the attach button in the chat and choose the payment option.

Enter the amount and verify your UPI PIN. Upon entering the PIN your payment will be processed/ You will be redirected to your WhatsApp chat where the amount you have transferred will reflect in the chatbox.