WhatsApp Payments is currently still being tested and is scheduled to launch in selected regions this year

Sending money with “Whatsapp Payment” via WhatsApp Messenger – The most important thing to start with:

  1. New feature “WhatsApp Payment” currently in the test phase
  2. Sending and receiving money via WhatsApp will soon be possible
  3. Linking WhatsApp with bank account required

New “WhatsApp Payment” function

With this new feature, WhatsApp users should be able to send and receive money. To do this, you need to link your WhatsApp account to your bank account.

Mark Zuckerberg explains that the new function is currently still being tested, but will be rolled out in selected regions this year. The Facebook Group is expected to make “great progress” in the next six months.

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Rollout still unclear

“WhatsApp Payment” has been being tested in India for a long time.
The service will probably officially launch here too. It is not yet clear in which other countries WhatsApp payment will soon be used. Austria will probably not be one of the starting regions.

Transfer money easily and securely

David Wehner, Facebook's chief financial officer, states in a report on Pymnts.com that Facebook is not interested in making a lot of money from it because the potential sales are limited.

“It's really about giving people and businesses the ability to send and receive money as easily and securely as messaging,” Wehner said.

By using this feature, WhatsApp users would probably be more closely tied to the messenger service, which would give Facebook an advantage over competing products.

Related to the topic: Would you use WhatsApp for payments?

Source: Futurezone.at
Article image: Shutterstock / By cybrain


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