19 May 2022
Written By FinTech Alliance in Payments
WhatsApp, owned by Meta, is rolling out P2P payments in two markets.
In Brief:
The contact card of its messaging feature will enable people to pay family and friends.
Users won’t have to leave the app.
WhatsApp says that the payments are fee-free and secure.
What does this mean?
Adding a Pay button to the contact cards within WhatsApp has allowed the business to embed a payments function which it hopes will make the experience “even more intuitive”.
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