A little over two weeks ago, Visa received pre-authorization for the carrier’s cards to be used for purchases via WhatsApp. This Monday (5), The Central Bank of Brazil (BC) also authorized Mastercard🇧🇷
Authorization granted to Mastercard, Use of “postpay, prepayment and deposit account”Lists BC in one note.
The monetary authority emphasizes that: confirmation does not mean that payment and transaction functionality via Meta’s messaging app will start working soon🇧🇷 This is just one of the necessary steps to release Facebook Pay.
As BC stated earlier when it authorized Visa, it pointed out that the implementation of the payment instrument on WhatsApp still depends on compliance with other regulatory requirements. 🇧🇷Especially those related to competitive and non-discriminatory aspectsensure their compliance is proven by the institutions involved in its implementation”, the Central Bank rating ends.
New payment function via WhatsApp, Resource transfer tool between users, authorized in March 2021🇧🇷 Both Mastercard and Visa can already work in this option. Brazil, like India, is one of the only countries where transfers are allowed through the app.
Source: Tec Mundo
