How to Send and Receive Money Via WhatsApp on iPhone and Android

Whatsapp Payment has been finally launched after many months of speculation and we have already laid our hands on the peer to peer money transfer feature. And guess what, we have found it up to the mark! Haven’t you got started? Follow this guide to send and receive money via Whatsapp Payment on your iPhone and Android device.

Make sure to note that you need to have the latest version of the app installed on your device to be able to use the feature. Also, the recipient must have installed Whatsapp Payment on their device too to be able to receive money. Continue reading to learn more.

How to Send-Receive Cash Using WhatsApp on iPhone and Android

How to Send/Receive Cash Using WhatsApp Payment on iPhone and Android

How to Send Money using WhatsApp In Individual Chats

Things you should know:

  • The peer to peer money transfer is based on India’s Unified Payments Interface.
  • The Reserve Bank of India regulates UPI through its payment subsidiary NPCI. Currently, as many as 72 banks including HDFC, Axis, ICICI, SBI, Yes Bank, Allahabad Bank, Punjab National Bank, etc. support it.
  • When you send money using Whatsapp Payment, It is directly credited to the recipient’s bank account.
  • While setting up the payment system, you will need to verify your phone number, Your Whatsapp number needs to be the same the mobile number linked to your bank account.

Step #1. Launch Whatsapp on your iOS or Android smartphone.

Step #2. Next, go to the conversation. (I mean, select the conversation of the friend who you want to send money to).

Step #3. Next, on your iPhone or iPad, tap on the “+” button (On your Android device, tap on the “Clip” icon.) Next, tap on Payment.

Step #4. Now, you need to enter the amount of money you want to send and type in a note. When you are done, tap on the Send icon.

Step #5. You will need to authenticate the payment with the 4-digit UPI pin.

That is all!

Whatsapp will notify your friend about the money sent to his contact. Both you and your friend will also receive an SMS about the money transfer.
Sending money to your friend in a Whatsapp group chat is just as easy.

How to Send Money from WhatsApp Group Chats on iPhone or Android Phone

Step #1. Open Whatsapp on your iOS or Android device.

Step #2. Next, open any group chat.

Tap on Group and then tap on the Plus Sign on iPhone.

If you are using an iPhone, tap on the “+” icon.

If you are using an Android device, tap on the “Clip” icon.

Step #3. Next, tap on Payment.

Step #4. Here, you will see the list of members of the group. Tap on the friend you want to send money to.

Step #5. Now, you need to enter the amount you want to send and add a note. Finally, authenticate the payment with the 4-digit PIN.

That is all!

Wrapping Up

Peer to peer money transfer is going to be a massive hit with the messaging app. And the Facebook-owned company off on a right note by introducing the feature in a country where it has more than 200 million users.

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