as informed in NEW DELHI: Contrary to media reports claiming which this time you could transfer money via whatsapp apps in India , the digital payment feature in the platform is continue in the testing phase and going to be formally rolled out to over 200 mn Indian users in the days to come.The feature is currently in beta however hasn't been publicly reported because it isn't widely obtainable at this moment.Some users have received the beta upgrade however "it going to be wrong to assume which the feature is currently live in India for all users," informed sources told IANS. "There going to be an formal announcement the time the feature Eventually goes live in India," they added.When launched, the new payments feature is determine to give a tough competition to Paytm and other digital payment services like Google Tez The payments feature would take advantage of Unified Payments Interface (Unified Payments Interface) and involve backing with a number of banks, involving the State Bank of India HDFC Bank , and Axis Bank Beta testers found their whatsapp apps interface displaying a big list of supported banks and they could see a payments feature appear in their whatsapp apps Settings menu.In order to configure the feature, users must premier verify their smartphone number via SMS and then select a bank.After the completion of the configuration, the option to send a payment becomes available.According to whatsapp apps privacy policy, users going to Must agree to the Payments Terms the time they decide to Utilize the feature.The terms and conditions told which whatsapp apps isn't a licensed financial institution, don't receive, transfer, or store any funds in connection with Payments, and aren't responsible for Unified Payments Interface service interruptions or acts or omissions of PSPs or your bank involving the payment, settlement, and clearance of funds. "You have a breaking up relationship with your bank regarding your bank account, and whatsapp apps has no affiliation with your bank in this respect," it added.
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