Have you tried the WhatsApp Payments feature meant for financial transactions? If not, do know that there are several payment applications which you can use to do financial transactions like Google Pay, Paytm, PhonePe, among others. And WhatsApp is on the list with its Payments feature. WhatsApp is a messaging application used for sending messages, pictures, videos, voice notes, and it also has a payments functionality. If you also want to try out this WhatsApp feature, it should be noted that you need to access the Unified Payment Interface (UPI) in order to enable bank-to-bank money transfer while using WhatsApp Payments.
To make transactions so much more easier to start, WhatsApp uses the phone number associated with your account to identify your bank account information. You also need to know that your UPI PIN is a 4 or 6 digit number which you are required to enter before making each payment. Every payment you make is protected by your personal UPI PIN and should not be shared with anyone else. If you already have a UPI PIN for your bank account, you will not be required to create a new UPI PIN in WhatsApp.
It is also important to check your bank account balance after you make payments. But do you know that you can check your account balance via WhatsApp? If you want to check your account balance here is what you need to do, according to the information provided by WhatsApp FAQ section:
WhatsApp Payments: How to check your bank account balance
1. Open WhatsApp.
2. If you have an Android, tap More options. If you have an iPhone, tap Settings.
3. Click on Payments.
4. Under Payment methods, click on the relevant bank account.
5. You will then have to click on view account balance…Read more>>