WhatsApp Payment- How to Check Account Balance on WhatsApp?

People primarily use WhatsApp as a social media platform, where they can chat, share photos, videos, voice notes, and other content with friends and family. WhatsApp Payments makes use of UPI to enable bank-to-bank money transfers. You can easily check your account balance after each transaction with the new WhatsApp Payment feature. WhatsApp uses the phone number associated with your account to identify your bank account information for simple transactions. let's take look on how to check account balance on WhatsApp.

What is WhatsApp Payment?

Whatsapp payment feature allows users to make payments to anyone on their WhatsApp contact list. WhatsApp users will be able to send and receive money with the new feature. To make this service available to consumers, the social media messaging app has partnered with some of the country's largest banks. It is based on the unified payments platform (UPI) and competes with Google Pay, Paytm, PhonePe, and other online payment platforms.

How to register for WhatsApp Pay?

• Open WhatsApp.
• Select the three vertical dots menu in the top-right corner of the screen
• Select the 'Payments' option.
• Select 'Add payment method' from the drop-down menu.
• Now, choose the bank with which you are registered or have an account. WhatsApp will then verify your phone number. It will also show your chosen bank account.
• Then, select your bank account. Then press the 'Done' button.
• You'll be able to see your UPI ID, payment history, and linked bank accounts once you've completed the process.

How to check account balance using the settings option?

• Go to WhatsApp.
• Tap More options if you're using an Android. On an iPhone, go to Settings.
• Select Payments.
• Click on the bank account
• Select View Account Balance.
• Enter your UPI PIN here.
• Now your account balance will be visible on the screen.

How to check account balance while sending money?

• Tap your available payment method from the payment message screen.
• Then, select View Account Balance.
• Select the bank account from bank accounts linked to your WhatsApp account.
• Finally, enter your UPI PIN and your account balance will be displayed.

Points to remember-

• Users will only need to approve the Payments Terms and Privacy Policy during the initial bank setup.
• If they are unable to locate your bank on the list, it is possible that your bank is not supported.
• However, in order to facilitate payments, the phone number must be linked to a WhatsApp account. To use payments, users must ensure they are using the most recent version of WhatsApp.