In beta channel mode, the promotional offer is available already. Since this WhatsApp Pay promotion is available for the first five transactions, users can get up to Rs 255. You can get a guaranteed Rs 51 per transaction for each of the five transactions. The money will be deposited immediately into your bank account, which you have linked to the WhatsApp Pay service.
The WhatsApp Android beta app shows the banner at the top of the chat window. It displays a banner reading, “Give cash, get Rs 51 back”. So basically, you can get up to Rs 255 cashback on different payments up to 5 times. For the time being, the promotion appears to be limited to Android smartphones.
WhatsApp Pay: How to set up
- WhatsApp chat, click the "Re" icon in the text area.
- You will receive a notification from WhatsApp to add the payment method, which you must click.
- Select a bank from the list.
- You should also double-check that your WhatsApp number matches your bank's registered mobile phone.
- If you continue, an SMS will be sent to your phone number to verify your identity.
- If you already have a UPI PIN, all you have to do now is enter it to activate your service. If this is your first time using UPI, you'll need to create a new PIN.
This move by WhatsApp is intended to attract users who heavily rely on payments apps including Google Pay, PayTM, PhonePe. The feature has not been rolled out for the stable audience yet because it was only spotted in the beta version of the app, so the feature must have been accessed by the beta testers. It will likely be rolled out to a larger audience in the days to come.