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The feature is currently in beta, but has not been publicly announced because it is not widely available at this time, TechCrunch reported late on Thursday citing sources familiar with the company's plans.
When it is launched, the new WhatsApp payments feature could give popular digital wallet platform Paytm, and other messaging services that already support payments, including the recently launched Tez from Google a tough competition.
The payments feature would take advantage of UPI (Unified Payments Interface) and include support by a number of banks, including the State Bank of India, ICICI Bank, HDFC Bank, and Axis Bank, the report said.
After the completion of the configuration, the option to send a payment becomes available.
To help businesses communicate better with their customers in India, WhatsApp last month officially rolled out "WhatsApp Business" -- a free-to-download Android app for small businesses -- in the country.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)