WhatsApp Pay enables cashback for its payments

Thursday 28 April 2022 11:42 CET | News

Social media app for instant messaging, through its payment service WhatsApp Pay, introduces cashbacks for its payment features, in an attempt to cap some of its competitors’ clientele, including PhonePe, Google Pay, and Paytm. 

WhatsApp Pay will offer up to INR 11 (USD 0.14) to users up to three times for sending and receiving money through the company’s portal. There is no minimum transaction amount needed, but to receive multiple rewards, users must transact with at least three different users of WhatsApp Pay.

The instant messaging platform listed a series of criteria Indian users must follow to be eligible for the cashback, including being a WhatsApp user for at least 30 days prior to their first payment. Moreover, the contact they are sending money should also be a WhatsApp user registered for the platform’s payment service in India. Members of WhatsApp Business are excluded from the promotion. 

Recently, the National Payments Corporation of India (NPCI) approved the US-based instant messaging service to extend its payment service to 100 million Indian users

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Keywords: cashback, WhatsApp, online payments, mobile payments, digital payments, real-time payments, instant payments
Categories: Payments & Commerce
Companies: Google Pay, NPCI, Paytm, PhonePe, WhatsApp
Countries: India
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Payments & Commerce

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