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His announcement comes a day after his teleconference with PM Modi on Friday. During their talk, they discussed the enormous potential for association in various areas including technology, innovation, space, and mobility.
WhatsApp Pay is now offering cashback on purchases: Here's how to get your money back.
Digital Desk: WhatsApp's integrated payment platform was announced years ago, but it hasn't gained the traction that other UPI-based services like Google Pay, Paytm, and PhonePe have. WhatsApp is now using one of Google Pay's old tricks – cashbacks – to attract new users to its payment feature.
WhatsApp Pay is running a new campaign that will reward users with Rs 11 up to three times if they send or receive money through the platform. There is no minimum transaction amount, but users who want to receive multiple rewards must transact with at least three different people.
The criteria for receiving the cashback have been laid out by WhatsApp. When sending money to an eligible recipient, users must see a promotion banner within the app or a gift icon. They needed to have used WhatsApp for at least 30 days. According to the company, WhatsApp Business is not eligible for this promotion.
Furthermore, in order for cashback to work, the contact you're sending money to must be a WhatsApp user who has registered for payments on WhatsApp in India.
Follow these steps to get WhatsApp Pay cashback:
Step 1: Create a WhatsApp Pay account.
Users can set up WhatsApp Pay by updating their app to the latest version, going to any personal chat, and clicking on the rupee symbol next to the attachment icon at the bottom. Users will be directed to the WhatsApp Pay page as a result of this.
Users can then select a bank account to connect by clicking "Accept and continue" on the next page. It's important to note that this bank account's registered mobile number must be your WhatsApp number. To set up your UPI-based WhatsApp Pay account, follow the instructions below.
Step 2: Create some invitations.
To transact with someone on WhatsApp Pay, they must also be using the app. Once your WhatsApp Pay account is set up, you can invite any contact to use the platform by going to their chat box. Invite your friends, family, and other contacts to join you on the platform.
You can send and receive money directly from them via WhatsApp Pay once they've been set up.
Step 3: Confirm your eligibility for cashback by completing three transactions.
This is where things get a little complicated. The cashback has not yet been made available to everyone on WhatsApp. Even those who do receive the cashback banner are only eligible for a limited period of time.
If you're eligible, you'll see a banner stating that you're eligible for cashback. If you don't, you won't be able to get the Rs. 11 by transacting with other users.
Cashback is not available for the following transactions:
1. Payments are sent when the promotion banner or gift icon in the app is no longer visible.
2. QR code payments
3. Payments made in response to requests to collect
4. Payments are made by entering the recipient's UPI ID.
5. Making payments on third-party online apps via WhatsApp
If you're eligible for the cashback and see the banner for it, you can send money to three WhatsApp Pay users and receive Rs. 11 as a gift for each transaction.
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