They are more and more technological advances that are developed to simplify people’s lives. And this happens because the companies in charge of developing this type of services, they understand that society advances and time decreases. Well, every day there are more obligations that one has as citizens, as individuals and as workers, Obligations that of course limit time.
And with limited time, apps like Y play a fundamental role for facilitate communication and simplify actions through each of its functions. A clear example of this is the new function or alternative that WhatsApp offers to its usersand it is that this Instant messaging app will allow you to make contact-to-contact payments in a simple, fast and efficient way.
This new function will be called WhatsApp Payand will be available in several countries in its first stage of testing. Although the function has already been tested in India where it was widely accepted by usersgenerating numerous commercial transactions all successful. And it is that WhatsApp has been evaluating this possibility since 2017. That is why we will explain a little more about this nnew WhatsApp tool.
What is WhatsApp Pay and what is this WhatsApp function for?
WhatsApp Pay, is nothing more than a system that was created to facilitate the transfer of moneythat is, so that users of the application can send or receive money from their contacts. either because of loans, payments, purchases or donations. It is worth noting that in the first stage of testing it will only be possible send money between contacts. and depending on the evolution and acceptance of the function will add the other options.
This then means that whatsapp pay will work as a virtual wallet, function that has been available for a few months on Facebook Messenger. However, thanks to WhatsApp is an app that is used by millions of people, the function is expected to reach a quantity largest number of users, since practically everyone has this app on your phone mobile. In addition to that it will be extremely easy to access this new function.
Once it is available, it must be access the app settings. and select the payment optionfrom there you should follow a security process which will allow to link the WhatsApp payment system with your bank account. And once this process is completed, it will be possible to send and receive money from all contacts that join the system. You will only have to indicate the amount and the person who will receive it and that’s it, the transaction will be made.
Where can I use WhatsApp Pay? country list
Without a doubt, Mark Zuckerberg’s intention is for WhatsApp to become a essential app in people’s livesThat’s why more and more really amazing features are being added to this app every day. Being whatsapp pay the last of them and perhaps one of the most promising. As It intends to guarantee its users a simple, fast, secure and dynamic payment system. Four fundamental aspects for the modern lifestyle that is currently lived worldwide.
That is why it is expected that during WhatsApp Pay will be available in all countries of the world in the coming months. Although initially it will only be available in:
- India, where it has been operating for at least one year.
- In Brazil.
- In Mexico.
- In the United Kingdom.
- Spain.
- Asia.
- And then it will be available for the other countries of Latin America and the world.
How can I use WhatsApp Pay if it is not available in my country?
whatsapp pay it’s a payment system which is still in trial periods, so its launch will be carried out partially and initially in a few countries. This in order to test how users adapt, and what is their in-app payment experience.
This will be done to be able to update and modify all the details that are required to adjust and power like this launch globally. Therefore, if your country is not included among the first countries that will enjoy the service, you will have to wait for this new WhatsApp feature to be available in the app updates in your country.
Can I receive money in currencies other than my country’s in WhatsApp Pay?
Initially, payments will be made in the local currency of the country for which the app is available. Basically because the function that will be integrated to instant messaging chat. It will need to be linked to a bank account or a credit card to carry out the transactions. Although this does not indicate that in the future it will be possible make transactions in other currencies.
In fact, it is very likely that this happen and in a shorter period of time than you might think. Let’s remember that already Facebook Payis experienced your payment services integrated into the chat with the use of credit cards, debit cards and with PayPal. Allowing with the latter transactions in a currency other than the user’s country. Transactions that are carried out on the sites available within the Facebook Marketplace space.
Learn how to send and receive money using the WhatsApp Pay feature
whatsapp pay It is already a fact and very little time will be available in several countries around the world allowing its users send and receive money through the app, thanks to that in your latest beta version for android decided to include the novelty of QR codes, codes that will allow monetary transactions to be made. In addition, it will not be necessaryhave an interbank key or an account number. should only be available the WhatsApp Pay function, and an affiliated bank account.
To send
To send money through WhatsApp Pay, as already indicated above should be available this function for the country. And of course the user must activate this function on your mobile device. To do this activationmust comply with a security protocolbecause it should link the App with your bank account. once perform the activation will only have to enter the function, choose the contact to which you want to send money, indicate the amount and that’s it, the transaction will be effective.
To receive
And when it comes to receive money, all that is required is that the person or user who will receive the transaction also have the function active in your WhatsApp.
List of the best apps and platforms to send money online, alternatives to WhatsApp Pay
Massive use of the internet and digital mediahave led to more and more number of applications that have been created in order for users to get rid of their plastic cards and that they do all their bank transactions through them.
The best thing is that they can be done from anywhere just with the help of your mobile device:
Paypal.com
PayPal is a payment platform that have been available for several years, and is characterized for being a secure platform that allows their users make and receive paymentsin addition to make purchases in online stores just by entering your bank details.
Uphold.com
Uphold It is also a platform financial services, which is based on the cloud to be able allow anyone from anywhere in the world to move, convert, save and perform any type of transaction so instant, secure and free
Neteller.com
Neteller is characterized as a service that allows the e-money transfer to and from merchants, forex companies, and social media companies. Where you can also withdraw funds directly using the Net+ card or through the balance transfers to your bank accounts.
wise.com
It is a british company who specializes in online currency exchange transfers between individualsits head office is located at London, also has offices in Tallinn, New York, Singapore and Sydney.
payoneer.com
It is a company of global paymentswhich has become over the years the leading company in the sector. Since it allows Millions of companies and professionals from more than 200 countries around the worldperform cross border paymentsquickly, easily and safely.
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