WhatsApp Launches In-App Payment System Starting With Brazil

WhatsApp Launches In-App Payment System Starting With Brazil ()image via The verge)

After testing a beta version in India, WhatsApp has launched in-app payments in Brazil, the company announced in a blog post on Monday (via TechCrunch). The payments are enabled through Facebook Pay, which parent company Facebook said last year it would be rolling out to Instagram, Messenger, Facebook, and eventually WhatsApp.

“Payments on WhatsApp are beginning to roll out to people across Brazil beginning today and we look forward to bringing it to everyone as we go forward,” the company said in the post. WhatsApp says its digital payments are an open model that will allow it to add more partners in the future.

There will be no fees for consumers to use the payments service, but merchants will pay a processing fee to receive payments. Users need to link a credit or debit card to their WhatsApp account, and transactions are secured with either fingerprint or a six-digit PIN.

Source: The Verge

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