WhatsApp users in Brazil can now send money to friends, family and other contacts by attaching a payment to a chat “just as you would attach a photo or video” and validating the transfer with a PIN or their device’s biometrics functionality... More
Brazil’s central bank has “ordered Visa and Mastercard to suspend the start of activities or immediately stop using the WhatsApp application to initiate payments and transfers”... More
Visa has introduced a new cloud-based token framework that makes it possible for tokens to be enabled “across all of a consumer’s devices” and “are directly integrated with the consumer’s bank”... More
WhatsApp users in Brazil can now make payments to local merchants and send money to friends and contacts “without leaving their chat”... More
Despite still being only in a test phase in India, mobile payments via Facebook’s WhatsApp instant messaging platform will launch in more markets this year, according to Facebook CEO Mark Zuckerberg... More
WhatsApp Payments reportedly coming to Mexico, Brazil, UK next — NDTV — “According to WABetaInfo, a prolific tipster of upcoming WhatsApp features, three countries — Brazil, Mexico, and [the] UK — will be getting WhatsApp Payments next… The service was introduced in beta in India last year but is yet to roll out to all users in the country because of regulatory hurdles.”
Facebook in talks with banks about mobile payments in Africa — BusinessDay — “Facebook is in talks with financial institutions about possible mobile payment collaborations in Africa, says Carolyn Everson, a vice president at the social networking group… ‘We’re definitely interested in helping facilitate payments — it’s more of a 2020 roadmap for us than a 2019 one — but we’re having those initial conversations with some of the larger financial services companies.”
WhatsApp hastens payments push for 200 million Indians — Bloomberg — “Facebook Inc is set to offer its WhatsApp payment services to the whole of India as early as next week in an attempt to win market share, even though its partners aren’t all ready, said people familiar with the matter. The messaging app will partner with HDFC Bank Ltd, ICICI Bank Ltd and Axis Bank Ltd to process the transfers, and State Bank of India will join once it has the necessary systems in place.”
