@Vanjinks
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Whatsapp to allow users send and receive funds for free
Whatsapp has been working on some features lately which allow users send and receive money while using the application. After passing through the test in Indian it was announced that payment services was available within the application. Since whatsapp and Facebook are owned by same person **Mark Zuckerberg****,** user's can now receive payment through Facebook pay, It was said that Facebook pay would land on all its application in which Whatsapp wasn't an exception. https://en.m.wikipedia.org/wiki/Mark_Zuckerberg There's absolutely no charge for sending and receiving money between friends and individuals but will also have to pay 3.99% commission to Whatsapp. User are to link their bank card details to their whatsapp account, and will be secured using codes and also finger prints. This Feature is available in Brazil and yet to be launched to the
Whatsapp have over 2billion users globally with almost everyone using Whatsapp to chat in Brazil it would be of great privilege and of great use to the world for making transaction easy, fast , accessible and reliable.
7 comments
Is this feature really safe?
A question the world is asking and we await response from Mr Mark
Swears, okay.
It is a good development for cashless system worldwide. It must be properly monitored by governments to prevent money laundering, terrorism funding and illicit trade funding.
You just hit the nail on the head, it must be well monitored , but you know what has an advantage also has a advantage. I heard the government wants to start collecting task from Whatsapp and and think this will be the opportunity they have been waiting for.
This is a nice feature but I feel it won't be as safe as other bank and apps that does these transactions.
Swears, I don't think it's safe and its also changing the narrative of the application