FINALLY: WhatsApp Pay is Here!

-



Facebook Pay, the payments service WhatsApp owner Facebook launched last year has been unveiled as WhatsApp Pay in Brazil. Users in Brazil would be the first to be able to send and receive money by way of its messaging app.

The payments service — which currently is free for consumers to use, but businesses pay a 3.99% processing fee to receive payments — will work by way of a six-digit PIN or fingerprint to complete transactions on the platform. You use it by linking up your WhatsApp account to your Visa or Mastercard credit or debit card.

The feature will be available to both regular WhatsApp users and Business WhatsApp users.

This gives WhatsApp and Facebook another shot at building a revenue stream based on its vast scale, one which does not turn the app over to monetising its users through ads and the data that is amassed around them.


Comments

Post a Comment

Popular posts from this blog

GOOD NEWS: BTC coming to Visa.

-
Image
                                               credits: alphacard.me Payments giant VISA could soon add Bitcoin and other cryptocurrencies to its expansive payments network, CEO Alfred Kelly said during an online appearance last week. However, despite the words, Kelly is not entirely convinced of the broader use case of cryptocurrencies so far. The payments veteran said that while Bitcoin was among the most widely used and known cryptocurrencies, its function was more like “digital gold” and that it was “not used as a form of payment in a significant way at this point.” Cryptocurrency services are, so far, allowed only for exchanges and wallet providers who receive fiat from a customer and exchange it to crypto on their end. This means that whenever a customer uses a “crypto card” at a retail merchant, the  actual  crypto itself does not interact with the VIS...
Read more

NO RESOLUTION YET? ,YOU NEED TO INVEST IN CRYPTOCURRENCY!

-
Image
               There has been quite misconstrued versions of stories surrounding cryptocurrency investments, and especially the most renowned one- Bitcoin (BTC). While it is agreeable that hoaxes and scamming has been rampant in the recent past over what con men term to be "bitcoin investment", finding a real and verified cryptocurrency trading platform will ease the hustle of you being a target to cons.            I was introduced to cryptocurrency by a roommate from my days in Campus. I was suspicious of the idea and I therefore "blew" a whooping Kshs. 100 to purchase my first bundle of bitcoins. That was about six years ago. I forgot about the a hundred shillings as they wouldn't be sold at a value worthy enough to satisfy my needs. September 2020, I was fixated! The idea of my crypto-trading account crossed my mind, however I grew numb because I had forgotten the password and had also lost the paper code to help w...
Read more

REPORT: Meta AR glasses roadmap shows Zuckerberg pushing hard for 'iPhone moment' by 2024

-
Image
Meta Platforms ( FB   +0.6% ) used a  February event  to showcase the role of  artificial intelligence in the company's future, with a nod to an eventual release of new eyeglasses tapping augmented reality (AR) - the ability to overlay information on the world a user sees around them. A new look at the company's AR roadmap shows a push to  make a splash with new glasses as soon as 2024 . CEO Mark Zuckerberg has a particular interest in the product, wanting it to be "an iPhone moment," a source tells The Verge, adding "Zuck's ego is intertwined" with the glasses. It's a "holy grail" device that will mark a redefinition of people's relationship with technology, akin to the rollout of smartphones, Zuckerberg says, but the demos so far haven't been based on functioning hardware or software, suggesting the reality of that vision is some years away. The company's roadmap - for "Project Nazare" - suggests employees are racing...
Read more