Post by vvseoclaubbd360 on Oct 26, 2023 5:18:33 GMT -5
The Central Bank (BC) and the Administrative Council for Economic Defense (CADE) have suspended the operation of the new WhatsApp service in Brazil . The BC informed in a statement that the decision serves to preserve the competitive environment, and ensure the functioning of a transparent, open and cheap payment system. If it fails to comply with the measure, the company will have to pay a fine of R$500,000 per day.
WhatsApp Pay is the newest service on Mark Zuckerberg's platform. It is now possible to send money via transfers or make payments to company accounts on WhatsApp Business using the messaging app. The novelty is exclusive to Brazil, one of the countries that most uses the software in the world – there are around 120 million monthly active users in the country.
The main idea of Whatsapp Pay is that financial transactions Brother cell phone list can be made quickly and securely. The functionality can be a differentiator for companies that do not have an online store . After all, using the WhatsApp Business catalog and the new feature, it is possible to close sales directly through the app.
WhatsApp Pay addresses some of the needs of businesses that have not yet been able to make the necessary adaptations to sell online . Of course, it does not replace a sales website, but it can be a viable alternative for companies that need to adapt to new forms of consumption during the Covid-19 crisis .
How can companies use WhatsApp Pay to receive payments?
The first step is to have WhatsApp Business and have a Facebook Pay account . Payments will be processed by Cielo, one of the largest financial services companies in Brazil.
Companies that adopt WhatsApp Pay will have to pay a fee of 3.99% per transaction, and will receive money from their sales within a maximum period of two business days.
However, the functionality is only available to consumers who have a credit or debit card with Nubank, Banco do Brasil or Sicredi.
Using WhatsApp to transfer to friends and family
WhatsApp Pay also allows transfers between individuals. To do this, both people must have an account at one of the financial institutions we mentioned. Money will be credited according to the bank's opening hours and only debit cards will be accepted.
Additionally, it is possible to send up to R$1,000 per transaction and receive up to 20 transfers per day. However, users will not be able to exceed the limit of R$5,000 per month.
What are the advantages of using WhatsApp Pay?
WhatsApp Pay can make everyday life easier for users and companies. The process can be done in a practical way through a simple conversation.
One of the advantages is that everything can be done directly through the application, without the need to use banking platforms. Furthermore, it is possible to make payments faster and easier.
In the case of companies, the new resource may be even more attractive. Do you remember that WhatsApp Business already provides a catalog for small businesses to promote their products and services? With WhatsApp Pay, consumers can complete purchases directly through the catalog, simply paying through the app.
WhatsApp Pay is the newest service on Mark Zuckerberg's platform. It is now possible to send money via transfers or make payments to company accounts on WhatsApp Business using the messaging app. The novelty is exclusive to Brazil, one of the countries that most uses the software in the world – there are around 120 million monthly active users in the country.
The main idea of Whatsapp Pay is that financial transactions Brother cell phone list can be made quickly and securely. The functionality can be a differentiator for companies that do not have an online store . After all, using the WhatsApp Business catalog and the new feature, it is possible to close sales directly through the app.
WhatsApp Pay addresses some of the needs of businesses that have not yet been able to make the necessary adaptations to sell online . Of course, it does not replace a sales website, but it can be a viable alternative for companies that need to adapt to new forms of consumption during the Covid-19 crisis .
How can companies use WhatsApp Pay to receive payments?
The first step is to have WhatsApp Business and have a Facebook Pay account . Payments will be processed by Cielo, one of the largest financial services companies in Brazil.
Companies that adopt WhatsApp Pay will have to pay a fee of 3.99% per transaction, and will receive money from their sales within a maximum period of two business days.
However, the functionality is only available to consumers who have a credit or debit card with Nubank, Banco do Brasil or Sicredi.
Using WhatsApp to transfer to friends and family
WhatsApp Pay also allows transfers between individuals. To do this, both people must have an account at one of the financial institutions we mentioned. Money will be credited according to the bank's opening hours and only debit cards will be accepted.
Additionally, it is possible to send up to R$1,000 per transaction and receive up to 20 transfers per day. However, users will not be able to exceed the limit of R$5,000 per month.
What are the advantages of using WhatsApp Pay?
WhatsApp Pay can make everyday life easier for users and companies. The process can be done in a practical way through a simple conversation.
One of the advantages is that everything can be done directly through the application, without the need to use banking platforms. Furthermore, it is possible to make payments faster and easier.
In the case of companies, the new resource may be even more attractive. Do you remember that WhatsApp Business already provides a catalog for small businesses to promote their products and services? With WhatsApp Pay, consumers can complete purchases directly through the catalog, simply paying through the app.