WhatsApp Introduced New Payments Backgrounds

Today, the Facebook-owned instant messaging platform released new Payments Backgrounds in India to enhance the money transferring experience on its platform.

WhatsApp published multiple videos in Hindi and English language on its official YouTube channel to show its new Payment Backgrounds feature to provide a more personalized money transferring experience to WhatsApp users.

The new Payments Background functionality will allow users to select appropriate backgrounds while making a payment and it is available for both iOS and Android operating systems.

Currently, WhatsApp only includes seven backgrounds of different locations such as birthday, holiday, traveling, and also the “Raksha Bandhan” festival which will be coming on Sunday, August 22.

How to Select a Payments Backgrounds On WhatsApp? (and make a payment)
  1. Open the contact on WhatsApp to whom you want to transfer money.
  2. Tap on the attachment icon located next to the text area.
  3. Select the Payment option.
  4. Enter the amount of money that you want to send to your friend or family member.
  5. Tap on the three-star icon.
  6. Select the Payment Background based on payment reason (like a birthday).
  7. Add a note to express the reason for the Payment (Optional).
  8. Tap on Send Payment button.
  9. Verify the payment by entering UPI PIN.

Moreover, WhatsApp also confirmed that they also creating and planning to implement more features and functionalities to make payments on WhatsApp more interesting and interactive.

Earlier in November last year, after a long time of testing, Facebook finally introduced the new “WhatsApp Payments” and started it with four banking partners that include State Bank of India (SBI), Axis Bank, ICICI Bank, HDFC Bank, where the payment service removed Jio Payments Bank from the list.

Currently, WhatsApp Payments is partnered with more than 227 banks and is based on Unified Payment Interface (UPI), which is an instant payment transferring system.

However, WhatsApp Payments has yet not been able to record any remarkable growth and because of that, according to the latest data shared by the NPCI (National Payments Corporation of India), its market share has fallen down from 0.16% to 0.014%.

In July, the payment service was in spite of being able to record 4.7 lakh (almost a half-million) transactions that were worth Rs. 45.33 crores (around $6.1 million).

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