WhatsApp Pay is now offering cashback on payments: How to redeem easily

To lure more users and merchants to its payments platform, WhatsApp will roll out cashback starting this month. It is one of Google Pay’s old tricks to rope in new users for its payment feature – cashback. Under a new campaign, WhatsApp Pay will offer Rs 11 to users up to three times if they send or receive money via the portal. There is no minimum transaction amount needed, but for multiple rewards, users will need to transact with at least three different users.

The latest move comes days after WhatsApp won regulatory approval to more than double its payments offering to 100 million users in India, its biggest market with more than half a billion users overall.

WhatsApp has listed the criteria to get the cashback. Users need to see a promotion banner within the app, or a gift icon when they are sending money to an eligible receiver. They should have been a WhatsApp user for at least 30 days. WhatsApp Business is not eligible for this promotion, according to the company.

The next phase of the campaign may include cashback incentives for users when they use WhatsApp’s payments service to pay highway tolls and utility bills from the app. WhatsApp will also test doling out cashback for mobile recharges and postpaid bill payments for Reliance Jio connections. Reliance is a partner of WhatsApp for several other services, including a chatbot for JioMart.

Here’s how to get WhatsApp Pay cashback in a few simple steps.

Step 1: Set up WhatsApp Pay

To set up WhatsApp Pay, users can simply update their app to the latest version, navigate to any personal chat and click on the Rupee symbol that appears on the bottom, next to the attachment icon. This will direct users to the WhatsApp Pay page.

Users can then hit ‘Accept and continue’ on the subsequent page and proceed to select a bank account that they’d like to connect. Note that the registered mobile number for this bank account must be your WhatsApp number. Proceed with the instructions that follow to set up your UPI-based WhatsApp Pay account.

Step 2: Invite some contacts

To transact with someone on WhatsApp Pay, they will also need to be on the platform. Once your WhatsApp Pay is set up, going to any contact’s chat box will allow you to invite them to use the platform. Invite your friends, family members, or any other contacts to use the platform too.

Once they are set up, you can send them money and receive money from them directly via WhatsApp Pay.

Step 3: Check for cashback eligibility and make three transactions

This is where it gets a little tricky. WhatsApp has not made the cashback available for everyone just yet. Even those who do get the cashback banner, are eligible for only a limited, unspecified amount of time.

If you are eligible, you will see a banner that specifically says you are eligible for cashback. If not, transacting with users will not get you the Rs 11.

Thanks for reading!!

Also read: WhatsApp May Soon Let Users Use a Single Account on Multiple Smartphones

Also read: Blizzard Will Reveal Its Upcoming Warcraft Mobile Game on May 3

Related Posts