With almost everything being digitalized these days, the
sector of banking and payment isn’t left behind in the global world. Digital wallets
and online bank accounts are being used as alternatives for traditional cash payment.
Banking platforms are therefore, bringing new innovations to enhance the online
payment system. Among these platforms is social media giant Facebook, whose
daughter company WhatsApp rolled out its own payment system for users. With over
2 billion monthly users, it was no surprise that the feature was ultimately a
success in the digital industry.
One drawback of WhatsApp’s payment feature, however, was that it was slow and time taking. WhatsApp took the issue into consideration and has now improved the payment system by making it more efficient in terms of speed. The updated version of the feature is currently being tested for users in India and Brazil.
It is reported that the feature can be spotted under the
attachment icon located at the left side of the camera button in the WhatsApp
app. Upon clicking the button, you will be able to enter the required
information for transaction and send the payment to the recipient with just a
few taps.
