Facebook announced the launch of money transfers and online shopping in WhatsApp

So far, only Brazilian users have received the opportunity to send money using the messenger. Facebook also tested this feature in India, but never announced a launch.

WhatsApp payments will be available in other countries soon.

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The most important:

  • Sending money via WhatsApp will be as simple as sending a message – you just need to confirm the operation with a six-digit PIN-code and a fingerprint.
  • In addition, without leaving WhatsApp, you can shop in WhatsApp Business catalogs.
  • In the near future, thanks to the unified Facebook Pay system, it will be possible to use one bank card for all Facebook applications.
  • All payments and transfers will be free for users. Companies will be charged a service fee commensurate with standard banking services.

Brazil is the first country to introduce WhatsApp payments. Facebook works with local banks to carry out cash transactions, including Banco do Brasil, Nubank, Sicredi, and Cielo, the leading payment processor for merchants in Brazil.

Earlier, Facebook added a function to switch between personal and business accounts in Messenger, and WhatsApp added a Reminders function.

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