WhatsApp Mobile Payments Suspended in Brazil Following Security Assessment

WhatsApp Mobile Payments Suspended in Brazil Following Security Assessment

4 years ago
Anonymous $GRbK1oXs9y

https://wccftech.com/whatsapp-mobile-payments-suspended-in-brazil-following-security-assessment/

WhatsApp recently decided to announce a mobile payment system for businesses in Brazil. The move was met with a lot of praise. However, in a recent turn of events, it seems that Brazil has suspended the payment system.

The news went viral after Brazil's Central Bank went ahead and ordered the suspension of mobile payments that were taking place via WhatsApp. Additionally, Central Bank has also reached out to Visa as well as MasterCard to request the same. Failure to suspend the services would result in a fine.