WhatsApp’s new payments service is suspended in Brazil

5 years ago
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https://thenextweb.com/facebook/2020/06/24/whatsapps-new-payments-service-is-suspended-in-brazil/

WhatsApp‘s newly launched payment service in Brazil is under threat. On Tuesday, The country’s central bank ordered Visa and Mastercard to shut down the project with the Facebook-owned chat app, citing concerns over its anti-competitive nature.

Brazil was the second country after India to get WhatsApp‘s payments feature when it launched on June 15. But now, its future is uncertain.

WhatsApp’s new payments service is suspended in Brazil

Jun 24, 2020, 6:18am UTC
https://thenextweb.com/facebook/2020/06/24/whatsapps-new-payments-service-is-suspended-in-brazil/ > WhatsApp‘s newly launched payment service in Brazil is under threat. On Tuesday, The country’s central bank ordered Visa and Mastercard to shut down the project with the Facebook-owned chat app, citing concerns over its anti-competitive nature. > Brazil was the second country after India to get WhatsApp‘s payments feature when it launched on June 15. But now, its future is uncertain.