WhatsApp’s new order, UPI users will have to show ‘legal’ name, know what will be the benefits

WhatsApp has started recognizing the “legal” names of users who have unified Payments Interface (UPI) based payment facility has been launched , In many cases, it has been observed that some users using the online payment system have different profile names and different bank accounts. WhatsApp will also show these names to people who receive […]
 


WhatsApp’s new order, UPI users will have to show ‘legal’ name, know what will be the benefits

WhatsApp has started recognizing the “legal” names of users who have unified Payments Interface (UPI) based payment facility has been launched , In many cases, it has been observed that some users using the online payment system have different profile names and different bank accounts. WhatsApp will also show these names to people who receive payments through WhatsApp. The instant messaging application, owned by Meta, said it is working on the National Payments Corporation of India (NSC) (National Payments Corporation of India) with an aim to prevent fraud. NPCI ) was the result of a UPI guideline.

To notify users about the new update, WhatsApp has started rolling out a notification in its app that includes a link to an FAQ detailing the legal name requirement. The biggest advantage of this will be that when a user makes a payment through WhatsApp, he will be able to see the legal name of the UPI user to whom he is making the payment.

NPCI issued guidelines

Following the guidelines issued by NPCI, the notification has been issued for users on both Android and iOS from the end of March. It appears as a new shortcut in the Help section of WhatsApp called About UPI Payments and Legal Name, which provides a link to the FAQ page. Here is the question – the name associated with your bank account is the one that will be shared.

In general, WhatsApp users have the option to choose any name up to 25 characters long that they want to use on the application. Users can also include emoji in their profile names to differentiate themselves. However, the new requirement has made it mandatory for the app to identify and share the real names of its users as per their bank accounts.

According to WhatsApp, the username will be shown to the payee during the transaction, as per the UPI guidelines to avoid fraud. WhatsApp UPI PIN displays the username on the screen. However other UPI based payment apps require correct details including their legal name at the time of signup.