Whatsapp Presents Money Transfer Service For Users in Brazil Viral35

Whatsapp Presents Money Transfer Service For Users in Brazil Viral35
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Today Whatsapp brings a unique feature to its users in Brazil. This feature is a service to send or receive money via chat messages.

Quoted from the WhatsApp weblog, this payment service is supported by Facebook Pay. With this latest service, WhatsApp application users can easily receive or send payments simply through the chat feature.

This feature is presented in the hope of making it easier for small businesses or SMEs to make payment transactions. Not surprisingly, this feature is only available on the business version of WhatsApp.

As an additional security feature, WhatsApp provides a security method in the form of a 6-digit PIN or using a fingerprint to make transactions. For now, this payment method only assists for Visa cards and Grasp cards from banks Banco de Brasil, Nubank, and Sicredi.

In the future, the company promises to continue to expand its other banking partners. Currently, WhatsApp is also reportedly in negotiations with Cielo, the leading payment bureau in Brazil.

Interestingly, this chat payment service does not use transaction fees. For now this service has been rolled out to some users, and is scheduled to be available to general users in the next few weeks.

For your information, WhatsApp itself is known to have launched a similar feature in 2018 in India. At that time, the service was released with a standing Beta test and could only be accessed by a random number of users. But over time, the service was finally turned off due to collision with the regulations of the Indian government.

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For now, this feature will only be available for Brazil. There has been no confirmation from WhatsApp whether the service will also be available for users in other countries.

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