WhatsApp Expands Payment Options to Include Google Pay, PhonePe, and Paytm

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WhatsApp Expands Payment Options to Include Google Pay, PhonePe, and Paytm
21 Sep 2023
4 min read

News Synopsis

WhatsApp, a part of Meta Platforms, is expanding its payment features to accommodate a wider range of options. Users in India can now conveniently add items to their cart and make payments using their preferred method, including various supported UPI apps, debit and credit cards, and more. This initiative is part of WhatsApp's effort to simplify transactions within the chat.

Collaborative Partnerships for Seamless Payments:

WhatsApp has collaborated with payment partners Razorpay and PayU to facilitate the smooth execution of payments within the platform. These partnerships aim to make the process of paying for goods and services as effortless as sending a message.

WhatsApp Introduces Two Business-Centric Features:

In addition to expanding its payment capabilities, WhatsApp has introduced two business-specific features—WhatsApp Flows and Meta Verified Business.

WhatsApp Flows for Enhanced Business Interactions:

WhatsApp Flows enables businesses to provide enriched menus and customizable forms tailored to various requirements. This feature empowers businesses to offer a more interactive and dynamic experience to their customers. WhatsApp plans to roll out Flows to businesses worldwide via the WhatsApp Business Platform in the coming weeks.

Meta Verified Business for Enhanced Credibility:

Businesses aspiring to achieve Meta Verified status will need to demonstrate their authenticity to Meta Platforms. In return, verified businesses will receive a prestigious verified badge, enhanced account support, and protection against impersonation. WhatsApp is set to initiate testing of Meta Verified with small businesses using the WhatsApp Business app.

WhatsApp's Vision for India:

Meta Founder and CEO Mark Zuckerberg acknowledged India's pioneering role in embracing messaging as an effective means for both individuals and businesses to accomplish tasks. WhatsApp's latest offerings are designed to empower businesses in India and across the globe.

Expanding Possibilities with WhatsApp Flows:

With WhatsApp Flows, various industries, such as banking, food delivery, and aviation, can seamlessly integrate advanced functionalities into chat threads. For instance, banks can enable customers to schedule appointments for opening new accounts, while food delivery services can facilitate orders from partner restaurants—all within the chat interface.

Meta Verified Business to Boost Credibility:

Recognizing the need for businesses to establish credibility and gain visibility, Meta Platforms is introducing Meta Verified. This feature is expected to roll out in the coming months, offering businesses enhanced recognition and trustworthiness.

WhatsApp's commitment to evolving its messaging platform and enhancing its capabilities reflects its dedication to meeting the diverse needs of users and businesses in India and around the world.

TWN Exclusive