Facebook’s WhatsApp Gets Another Shot At P2P In Brazil As Google Shows Interest

WhatsApp is getting another crack at grabbing a slice of Brazil’s fast-growing payments market.

Facebook’s messaging service will soon get a green light to start providing peer-to-peer (P2P) payment services in Brazil, Roberto Campos Neto, head of the country’s central bank, said at a news conference Monday (Nov. 16), Reuters reported.

Campos Neto also noted Brazil’s central bank has talked to other Big Tech firms like Google about their interest in offering instant payments services in the country, Reuters reported.


Via Pymnts


Read full article here

Share This

Chamber Updates Stay connected with Chamber activities