Brazil stop payment service via WhatsApp

البرازيل توقف خدمة الدفع عبر واتساب - Brazil Flag

After less than 10 days since the declaration of the company and WhatsApp for the launch of the service, your payment in Brazil, asked the Central Bank of Brazil of the international companies Visa and catastrophic closure of the project, for reasons of respect and lack of competition.

And WhatsApp had announced on 15 June, announced the launch of a payment service in my Brazil with the support of payment service from Facebook you’ll be the second country after India that supports it. But now after the suspension of service, the future is not guaranteed.

He attributed the Central Bank of Brazil resolution stop payment service via the messaging application to maintain a competitive environment and ensuring that payments system quick, secure, transparent and open spaced.

As pointed out by the central bank to reasons related to matters of privacy, but in principle as a draft on the monetary system, the priority will be what to do with her work.

For its part said WhatsApp they aim to allow an open form of payments the digital users in Brazil, will continue to work with local partners and central bank to ensure that.

The company confirmed further support for PIX-State Digital which is managed by the Brazilian central bank announced its commitment to work with them to integrate with its own system of support.

It is worth mentioning that WhatsApp in India also faced the interests of legislative and regulatory opposition of the supervisory authorities. Brazil is the second largest markets for WhatsApp as it has more than 120 million active users.


Tech Crunch

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