Tagged: whatsapp payments

WhatsApp Payments have been Suspended by Brazil’s Reserve Bank to “Preserve Adequate Competitive Environment”

Brazil’s reserve bank has reportedly instructed Mastercard and Visa to suspend processing transactions on behalf of WhatsApp. As reported on June 15, 2020, the Facebook-owned WhatsApp messaging platform began facilitating payments in Brazil. However, the Central Bank of Brazil (BC) has now taken action against… Read More

WhatsApp Payments Might Become India’s Leading Digital Banking Service, As Online Transactions Surge Due to COVID-19

WhatsApp Payments, an in-chat payment feature that lets customers perform transfers through the messaging app to anyone in their contact list, may finally be on track to achieve mass adoption in India. WhatsApp is owned by Facebook, (NASDAQ:FB) who bought the social media platform in… Read More

WhatsApp Payments Plans to Penetrate India’s Lending Sector, Waiting for Regulatory Clearance

WhatsApp Payments, an in-chat payment feature that lets customers perform transfers through the messaging app to anyone in their contact list, has not achieved mainstream adoption in India. The UPI-based payments service lets users send and receive funds. It has been created by the National… Read More

Send this to a friend