WhatsApp May Soon Ask Users To Verify Identity To Make Payments
The social media giant Facebook-owned WhatsApp may soon ask users to verify their identity to make payments on the platform.
As reported by XDA Developers, new strings spotted in the latest WhatsApp beta release suggest that the messenger will require users to upload verification documents to continue using payments on WhatsApp.
Currently, when users set up WhatsApp Pay in India, the service only verifies the phone number linked to your bank account to enable UPI-based transactions.
At the moment, the service doesn’t require users to submit any identity verification documents to make payments. However, that might change soon, the report said.
WhatsApp v188.8.131.52 beta includes a few new strings which suggest that users might have to submit identity verification documents to continue using payments.
The identity verification might be limited to those who use WhatsApp Pay to receive payments for their businesses.
WhatsApp is yet to make an official announcement regarding this change. Since the new strings have just made their way to the beta version, it might be a while before the company reveals any details, the report said.