FinTech is transforming the world and communication applications understand this, and are constantly striving to expand their services. For example, in the US, WhatsApp is testing encrypted payments.
The feature is currently being tested for a limited number of WhatsApp users in the US. Cryptocurrency can be sent directly to the platoon. The feature is supported by Novi, the digital wallet created by Meta.
WhatsApp allows payments in Cryptocurrency Pax Dollars. Send will work similarly to sending attachments via WhatsApp. No fees will be included for cryptocurrencies.
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The advantage is that payments are instant. If the pilot is successful, we should see similar functionality globally. At the same time, this could be the basis for the future plans of Facebook (Meta) to launch its own cryptocurrency, which has been talked about for several years.
At the same time, it is a continuation of the financial functions within the company’s applications. Meta recently added a new split payment feature to Messenger. Directly in the mobile application it will be possible to distribute any accounts between friends in the platoon, be it housing, movie tickets or food delivery. The new feature should only be available in the US, with other regions due later.
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