buyappleacc.com is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!

HomeTechnologytext

buy apple account:Facebook messaging service gets delayed Brazil nod for payments

admin2021-05-0219

apple developer enterprise account for rent

if you want to buy apple account, choose buyappleacc.com, buyappleacc.com is a best provider within bussiness for more than 3 years. choose us, you will never regret. we provied worldwide apple developer account for sale.

,FILE PHOTO: 3D printed Facebook and WhatsApp logos and keyboard buttons are placed on a computer motherboard in this illustration taken January 21, 2021. REUTERS/Dado Ruvic/Illustration/File photo

SAO PAULO (Reuters) - Brazil's central bank on Tuesday cleared the way for Facebook's WhatsApp messaging service to let its users send each other funds using the Visa Inc and Mastercard card networks, months after vetoing WhatsApp's initial attempt.

When WhatsApp tried to launch the transfer service last June, the central bank said it could damage Brazil's existing payments system in terms of competition, efficiency and data privacy, adding that the service had failed to obtain the needed licenses.

The regulatory friction was the latest setback for Facebook's effort to use its social media platforms to compete with banks and fintechs in allowing fast electronic funds transfers.

The regulatory approval comes months after the central bank launched its own instant payments system in November, called Pix, which has since been widely adopted.

After initially trying to avoid becoming a financial services company in Brazil and seeking to piggyback on Visa and Mastercard's existing central bank licenses, WhatsApp surrendered to regulatory pressure, obtaining formal approval as a payments initiator using Visa and Mastercard as processors.

Both card networks also had to obtain new permits to operate with Facebook's messaging app, which itself will be regulated by the central bank.

Still, WhatsApp is only allowed to do peer-to-peer payments, not involving merchants, unlike the free Pix service, which can be used to pay businesses and individuals. Facebook is still seeking approval to operate with merchants.

"(We) are making the final preparations to have payments on WhatsApp available in Brazil as soon as possible," a WhatsApp spokesperson said in a statement. The messaging platform, which has over 120 million users in Brazil, did not say when it will start offering the service.

(Reporting by Carolina Mandl; additional reporting by Isabel Versiani, in Brasilia, Editing by Christian Plumb and Richard Pullin)


转载说明:本文转载自Sunbet。

Reviews

Popular tags