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May 5, 2021 01:07 am

WhatsApp payments are finally coming back to Brazil after government suspension





Photo by Thomas Ricker / The Verge



WhatsApp is again rolling out its payments service in Brazil, after the service was suspended by Brazil’s Central Bank in June of 2020 a few days after it launched there. Facebook CEO Mark Zuckerberg made the announcement in a video aired in Brazil, where he spoke about how the payment information added to WhatsApp will also be able to be used on Facebook and Instagram.


According to David Marcus the head of Facebook Financial, the service returning to Brazil will be part of a “gradual rollout,” but it seems like the company is serious about it returning: it’s already posted a video promoting the service, and has published a page that states the underlying Facebook Pay system has been authorized by the Central Bank (Facebook is...



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Original Link: https://www.theverge.com/2021/5/4/22420029/whatsapp-payments-brazil-launch-regulations-fight

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