By Jamie McGeever and Marcela Ayres BRASILIA (Reuters) – WhatsApp, the messaging solution of Facebook Inc, will quickly enter the Brazilian market providing peer-to-peer (P2P) payment solutions, central bank president Roberto Campos Neto stated on Monday. In a press seminar marking the launch of this central bank’s brand new “PIX” instant re payments platform, Campos Neto additionally stated the main bank has held speaks with Bing along with other “big technology” companies about going into the instant re payments market in Brazil. “WhatsApp will begin beginning doing P2P quickly
Reuters Nov 17, 2020 00:16:31 IST
By Jamie McGeever and Marcela Ayres
BRASILIA (Reuters) – WhatsApp, the messaging solution of Twitter Inc, will quickly go into the Brazilian market providing peer-to-peer (P2P) re re re payment solutions, central bank president Roberto Campos Neto said on Monday.
In a press meeting marking the launch for the main bank’s brand brand new “PIX” instant re re payments platform, Campos Neto additionally stated the main bank has held speaks with Bing along with other “big technology” companies about going into the instant re payments market in Brazil.
“WhatsApp will begin beginning doing P2P quickly. We have talked a great deal using their CEO, we have been making good progress. He has got explained that the procedure (with us) had been quicker compared to other nations,” Campos Neto stated.
“Our only concern is the fact that we ought to proceed through all the approval requirements and therefore we’ve a system that fosters competition,” Campos Neto stated. Continue reading “WhatsApp to offer peer-to-peer re payments solutions in Brazil quickly – main bank chief”