Scan QR code and send money is the new feature added to WhatsApp Payments


Chat cum mobile e-wallet is the new trend in the market. Owing to this trend WhatsApp has now simplified payment method for its user by adding the scan QR code option. This forthcoming feature will increase the usefulness of WhatsApp, apart from the instant communication platform. Paytm which had this feature for so long is now feeling the heat from its new competitor WhatsApp.
The users can send money directly to UPI IDs without going into conversation threads.
Users who already have Payments can go to WhatsApp>Settings > Payments. In this tab, users will see a transaction history, the bank account which is linked, followed by a new option called Send Payment. Just tap on Send Payment, and the next page will list all your contacts. However, on top of that, there will be an option @ Send to UPI id. Tap on this, enter the UPI id.
This means that if someone is using saying UPI on their bank app or on BHIM, one can now enter that particular UPI id and share money. The other user need not necessarily be on WhatsApp or have Payments activated on the app in order to receive money from their friends, who might prefer this particular method for sending money via UPI.


The Facebook-owned app, WhatsApp had launched the payment feature in February this year. At first, WhatsApp was not based on UPI based platform for immediate transfer of funds. Recently they added the ‘Send To UPI ID’ feature also, apart from the scan QR code feature. But the feature is restricted to the only person to person, business users will not be able to receive payments for now.
Will Paytm lose the race for digital payment? According to the user based marketplace, WhatsApp has enormous users in his court. Google’s Tez app is also ramping up from behind with its recent chatting feature in its app will give a tougher competition to Paytm.
Paytm was once ahead in the competition with its ‘inbox’ feature but with WhatsApp and Google Tez app adding features like scan QR code and chat option respectively, should worry Paytm now.
WhatsApp focuses on becoming a one-stop app for its large size audience. According to the sources, WhatsApp will be rolling out advanced GIFs feature on its platform to make the conversation more interactive for its users.

This feature is available on both, Android and IOs users for the 2.18.93 version of WhatsApp on Google Play Store.