New leaks indicate that WhatsApp Payments, as it has been baptized, could arrive in the markets of Mexico, Brazil, and the United Kingdom in the coming months. It is no secret to anyone that WhatsApp is one of the most used platforms today. Its use has become more than a habit, for subscribers, it is a fundamental tool to carry out their daily Nepal Mobile Database communication activities. Currently, WhatsApp ranks as the second social interaction platform with the highest number of users – more than 1,300 registered users – only below Facebook and, of these, 53 percent connect more than once a day, according to data published in Statista. The previous numbers are the result of the useful functions that the platform offers its users, which could now be expanded to facilitate financial issues.
During the past year, WhatsApp launched in India the possibility of making payments to individuals through its service. Although this function remains in a beta phase, the truth is that new leaks indicate that WhatsApp Payments, as it has been baptized, could reach the markets of Mexico, Brazil, and the United Kingdom in the next few months . The information has come from the hand of WABetaInfo, a medium dedicated to analyzing the Brother Cell Phone List application code to identify updates to the platform owned by Facebook. Although there are not many details about it, the findings of the mentioned source point out that this system could work in the same way that Apple Play does; that is, redirecting payments through credit or debit cards. In India, the platform uses the Unified Payments Interface (UPI) tool; However, it cannot be used outside the country,
So in other markets, WhatsApp Payments must look for a resource that allows it to operate following the rules of each country. The association with financial entities will be key for this service. This was anticipated by the CEO of Facebook, Mark Zuckerberg, who in the presentation of the financial results of the last quarter of 2018, anticipated that payments between individuals through WhatsApp were about to reach other markets, as soon as they were finished. sign agreements with financial entities and local authorities. So far little is known; However, what is clear is that if this function arrives, WhatsApp could be the new great competition for banks.