COVID-19: WhatsApp: Remittance service launched in Brazil: 120 million users
Sao Paulo
June 17, 2020
WhatsApp:
On June 15, it was announced that the money transfer service will be rolled out in Brazil for the first time in the world.
Pre-registration such as credit card and debit card is required to use the service.
What’s Up is a free calling app that many Brazilians love.
Already, there are more than 120 million users in Brazil.
Impact of the new Corona:
Due to the spread of new coronavirus infection, restraint on going out and business regulations are spreading.
Therefore, the number of shops and restaurants that deliver whats up is increasing.
What’s Up chose Brazil as the world’s first service destination.
“More than 10 million small and medium-sized enterprises are using whats up for dialogue with their customers,”
Significance of money transfer service:
Small businesses can easily settle with their customers with a WhatsUp business account.
Remittances are made through the parent company / Facebook e-money service / Facebook Pay.
Security for remittance approval: 6-digit PIN or fingerprint authentication
Credit and debit cards: Register in advance
Target card:
The cards that can be registered at the moment are
Nubank,
Shiriji,
debit card,
visa
Mastercard credit card.
The remittance is done through the card payment company Cielo.
-JETRO
https://www.jetro.go.jp/biznews/2020/06/7289973b9014d118.html