The world’s most popular instant messaging application, WhatsApp, has heralded its users in a country located in the southern part of the planet.
The report, published on the specialized technical website Ingadget, said that the Brazilian Central Bank had approved and approved WhatsApp Pay technology for payments.
The Brazilian Central Bank will allow the ability to send money via WhatsApp using Visa or MasterCard credit cards.
Brazil is the second largest market in the world for WhatsApp, and it previously launched the service in June 2020, but the Brazilian Central Bank banned it because it did not meet all the safe banking rules.
But the Central Bank made it clear that “WhatsApp” was able to amend its rules, so that they are safer for its users and their money.
WhatsApp avoided classifying it as a “financial services company” by relying on bank licenses granted to “Visa” and “MasterCard”.
The management of “WhatsApp” did not specify the date of launching this feature again to Brazil, and the possibility of adopting it to other countries, but said it is currently seeking to extend it in the near future to most countries of the world.