Express

WhatsApp Launched Its First Digital Payment Service in Brazil

Yiran Dai

Summary: WhatsApp, the popular messaging application, now allows its users in Brazil to send money and make purchases without leaving the chat, according to the WhatsApp Blog.

Facebook’s WhatsApp is setting off its exploration of digital payment service in Brazil. 

WhatsApp, the popular messaging application, now allows its users in Brazil to send money and make purchases without leaving the chat, according to the WhatsApp Blog.

WhatsApp intends to support small and micro businesses in Brazil, which amount to over 10 million, as it believes easier payment can strengthen the e-commerce industry. 

Last month, Facebook launched the Facebook Shops, by which businesses of any scale and budget can build online stores for free via both Facebook and Instagram. The new move of WhatsApp marks another attempt of Facebook to bolster its influence in e-commerce.

By Yiran Dai

Last Update:

Tags: ,,
Link: WhatsApp Launched Its First Digital Payment Service in Brazil   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.