Meta has started rolling out its payments tool to small and medium-sized firms through its WhatsApp messaging platform following the approval of the Central Bank.
Gatekeepers News reports that the Central Bank of Brazil authorized the launch of the WhatsApp payment feature weeks ago.
On Tuesday, Meta CEO, Mark Zuckerberg announced the development saying; “Whatsapp payments are coming to Brazil starting today.”
Gatekeepers News reports that the feature will allow users and small businesses on WhatsApp to receive payment on WhatsApp.
With WhatsApp Payments, money is transferred securely between bank accounts in Brazil. The payments feature on WhatsApp is enabled by Meta Pay.
