March 7

WhatsApp to Launch New Payments Feature in Brazil


WhatsApp has got the approval of the Central Bank of Brazil to launch its new payment feature. The new feature will allow users to browse products, add products to their cart and make payments via debit or credit card right from their WhatsApp chat.

Meta’s Head of Commerce and Financial Technologies Stephane Kasriel while informing about the new feature on Twitter wrote “Big news on our efforts to offer people the ability to pay small businesses on @WhatsApp in Brazil the central bank has just granted authorization to launch. We’ve prioritized an open model & are testing now w/ several partners. Look fwd to bringing this to Brazil soon!”

Photo courtesy of Betshy.

Source: Live Mint (link opens in a new window)

Finance, Technology, Telecommunications
digital payments, e-commerce, fintech, mobile finance