Whatsapp to launch payment services

< 1 min read

After trials dating back to 2018 in India, Whatsapp, a Facebook owned messaging service, launches payments services in Brazil.

On 15th June, Facebook CEO announced that Whatsapp will start to launch payments for people using Whatsapp in Brazil. The aim of the addition, according to Mark is to enable small businesses be able to make sales right within the messaging application as well as make it easy for payments to be done just as it is when it comes to sharing photos.

Brazil is the first country to receive the enrollment with more countries to come soon according to a Facebook post from Zuckerberg.

Security?

Whatsapp mentioned in one of it’s blog posts that the system will remain secure as payments will be verified either using a 6-digit PIN or fingerprints. The chat application has over 2 billion users and it will be interesting to see what is in store for other mobile payments providers such as M-Pesa who have a solid base in the East African region.

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