WhatsApp has connected the ability to send payments to users in Brasiliera Dragun | 16.06.2020
WhatsApp tested the payment system in India in 2018. The launch in Brazil was the first nation-wide deployment and allows you to pay right in the app.
WhatsApp now has 120 million users in Brazil. It is the second largest market after India. The company claims that can help the growth of digital payments and to contribute to the development of digital
economy and easier financial inclusion.
Many small businesses had already used WhatsApp as a marketing tool to answer questions, or to send catalogs.
Facebook CEO mark Zuckerberg said in April that the company is expanding business tools WhatsApp.
Deployment in Brazil was planned long ago. Now it can help users who sit at home because of the pandemic coronavirus.
The payment system uses Facebook Pay. It is free for individuals. businesses will be charged a fee.
Initially the system will accept payments from debit and credit cards from Banco do Brasil, Nubank and Sicredi. They are sent as an attachment – a photo or video.
Facebook plans to expand the payment system in other countries, but which ones is still unknown.
financial instruments, Payment system