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Brazil’s Central Bank Authorizes Payments to Businesses via WhatsApp
source link: https://fintechranking.com/2023/03/03/brazils-central-bank-authorizes-payments-to-businesses-via-whatsapp/
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Brazil’s Central Bank Authorizes Payments to Businesses via WhatsApp
WhatsApp users in Brazil can now use the messaging app to pay businesses.
Brazil’s central bank has authorized the launch of this service in the country, Guilherme Horn, head of WhatsApp Latin America, said in a post on LinkedIn.
Meta Platforms-owned WhatsApp began allowing users in Brazil to send money to friends, family and loved ones through its app in 2020, though the functionality was held up for a year after the country’s central bank said it had concerns about the system.
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