Whatsapp Bill Payment Feature Android: Whatsapp, The Wedly Used Instant Messaging Platform, is constant evolving to provide great greatness to its 3.5 billion users working. The meta-ovned app is reportedly testing a new feature .
Fresh Challenge to Google Pay, PhonePe, And Paytm
This move aims to streamline digital payments by eliminating the need to Switch Between Multiple Apps, Positioning Whatsapp as a Comprehensive Utility Platform. The new feature put whatsapp in direct competition with platforms like Google Pay, PhonePe, and Paytm.
According to leaks, the bill payment feature has been spotted in whatsapp’s android beta version 2.25.3.15. The feature is still in the testing phase. However, a timeline for its rollout remain unchaler.
According to Media Reports, The Upcoming Feature will allow users to pay a variety of bills, include electricity, Water, Mobile Recharges, Rent, and More – Offering Significant Significant Mang Age Household Expenses Through Multiple Platforms.
Whatsapp UPI-Based Payment System
This functionality is expected to integrate with whatsapp’s existing UPI-Based Payment System, Whatsapp Pay. Currently, Whatsapp Pay Enables Users to Send Money to Contacts and Make Payments to Businesses Via UPI. Notable, the platform launched its upi payment service in India in 2020, initially available to a limited number of users due to regulatory constraints.
Market Share of Google Pay, PhonePe
In a Major Development, Whatsapp Pay Recently received Approval from the National Payments Corporation of India (NPCI) to extend upi services to all users in India. Earlier, The UPI (Unified Payments Interface) Service was Limited to 100 Million Users, but this cap has now ben removed. As of November 2024, PhonePe hand 47.8% of the market share, while google pay had 37%. Other competitors include paytm, navi, credit, and amazon pay.