WhatsApp users in Brazil can now use the app to make payments to merchants, thanks to a new feature that has just been rolled out. This development is set to revolutionize the way Brazilians make transactions, as the feature allows for seamless, secure and convenient payments within the app.
The feature is based on Facebook Pay, which is the parent company's unified payments system that enables payments across its suite of apps. To use the feature, users will need to link their WhatsApp accounts with their credit or debit cards, and then they can start making payments directly to merchants through the app.
This new feature is a significant milestone for WhatsApp, which has been testing in-app payments in India for the past few years. The launch of in-app payments in Brazil comes after the country's central bank authorized WhatsApp to offer this service to its users.
The ability to make payments within the app is expected to have a significant impact on the way Brazilians conduct business. With WhatsApp being a popular messaging app in the country, merchants can now accept payments more easily and efficiently. This, in turn, is expected to encourage more small and medium-sized businesses to adopt digital payments, which will help drive financial inclusion in the country.
While this new feature is only available in Brazil at the moment, WhatsApp plans to roll it out in other countries soon. This move is part of Facebook's broader strategy to leverage its suite of apps to provide more comprehensive services to users.
The introduction of in-app payments in Brazil marks a significant milestone for WhatsApp and underscores the company's commitment to innovation and enhancing the user experience. As more users around the world gain access to this feature, we can expect to see a significant shift towards digital payments, which will drive economic growth and promote financial inclusion.