WhatsApp Update To Feature Peer-to-Peer Mobile Payments

WhatsApp plans to introduce peer-to-peer payments to its iOS and Android chat app, screenshots unearthed in the latest beta have revealed.

WhatsApp Payments was first spotted in the 2.17.295 beta version of the Android version of the Facebook-owned chat app.

It appears the upcoming feature will enable WhatsApp users to wirelessly transfer money within the messenger.

That promises to make it much easier to transfer money between friends and family, which could prove to be costly for some.

Facebook, which bought WhatsApp for a record $19 billion back in February 2014, has already added a peer-to-peer payment solution to its Messenger chat app.

Apple is set to introduce the ability to send money via Apple Pay within its iMessage chat service with the launch of iOS 11 this autumn.

The welcome screen for WhatsApp Payments – which has been unearthed from the latest beta build – says the service allows for “bank to bank transfer with UPI” and mentions that users will need to accept WhatsApp Payments’ Privacy Policy and Terms before sending any money.

WhatsApp recently announced that it had passed one billion daily active users.

The hugely-successful chat app was originally launched in 2009 by ex-Yahoo! employees Brian Acton and Jan Koum.

The service has gone from strength to strength, especially since the Facebook acquisition in 2014

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