As of today, residents of Brazil can make money transfers directly within the WhatsApp application. The company’s press release states that this feature is implemented on the Facebook Pay platform. Users can send money from WhatsApp business accounts. This function is primarily intended to facilitate payments for small businesses.
WhatsApp reports that payments are completely secure, and to complete a transaction, users will need to verify their identity using a fingerprint or a six-digit password. Currently, payment via WhatsApp is supported by Visa and MasterCard debit and credit cards issued by several major Brazilian banks. It is reported that there will be no fee charged for transfers between individuals.
As is known, money transfers on WhatsApp became available to residents of India in 2018 on a trial basis. The fact that the service has now been successfully launched in Brazil gives hope that in the near future, money transfers through the popular messenger will also become available in other countries. To enter the financial services market, the company needs to obtain the appropriate permission from local authorities, which takes some time.
It is reported that in the near future, the ability to send money via WhatsApp will be available in several more countries, although the company has not yet specified which ones.
Source: 3dnews.ru
