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❕NEWS WhatsApp starts testing currency payments with Meta’s Novi wallet

L

LutherKing

Guest
Despite some senators in the United States opposing Meta launching its digital currency products, the development of the social media giant's digital wallet, Novi, continues apace.

Stephane Kasriel, the head of Meta's cryptocurrency and fintech unit Novi, officially announced on Dec. 8 that Meta's messenger subsidiary WhatsApp has started testing transactions through Meta's Novi wallet.


According to the exec, the new feature is available for a "limited number of people" in the United States, allowing users to send and receive money on WhatsApp "instantly and with no fees."

With the project just trying to launch its own currency that has no fees at the moment

Experts have hinted that there can be further questions asked from the meta team again that has already once hád to answer about the concerns on the house of the Commons in the us and Europe as well

Te developers via have said that the privacy remains intact and focus is on providing time saving and usage application ease for users of Crypto
 
I actually even wish WhatsApp can integrate the wallet into it's platform ,it could even contribute in making crypto transaction more easier and fetch them more revenue in the range ,also help in cryptocurrency development ,hopes more social media app also contribute to cryptocurrency development
 
This is one huge stride to be taken by Meta and considering the millions of users of the WhatsApp platform, its success would be a remarkable achievement for the company. I really do look forward to seeing this project work on WhatsApp and who wouldn't when zero fees are involved.
 
I am surprised that it has not crossed my radar on how far this development had reached to have the Novi wallet integrated in facebook and whatsapp.To learn that it is already operational in USA is just amazing. Fingers crossed as we await v to see how it will rolled over to provide and cutter across the globe.
 

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