WhatsApp stopped being just an instant messaging app a long time ago. Fortunately or unfortunately, Facebook turned it into much more. And while they’ve tried to match it with other competitors, they’ve also taken the plunge to add other features. Like, for example, WhatsApp Pay.
WhatsApp Pay is the WhatsApp payment solution between contacts. By simply using the phone number, we can send payments to any of our friends
Recently, and as shared by 9to5Mac, WhatsApp Pay has arrived in Brazil. Now millions of Brazilian users have access to this new service. To use it, they will simply need to have a MasterCard or Visa card from banks that support the feature, although at the moment it is limited to debit cards.
With this movement, Facebook continues to grow in the mobile payments market. However, and given the slow international launch of WhatsApp Pay, it seems difficult to say whether it will reach more markets anytime soon. And in the case of our country, maybe that’s a bet they don’t plan to make.
In Europe, the phrase “I am making you a Bizum” has become as popular as “I speak to you for wa”. And it is that, with Bizum, banks already have a system in our country this not only enables payments between people, but also to businesses. And like WhatsApp Pay, it doesn’t require anything more than the phone number.
So when the banks themselves already have their own system in place, and have managed to get customers used to it, it seems difficult for Facebook to have space. That doesn’t mean they don’t consider it, even if they throw it out, it doesn’t look like it’s gonna be imminent.