Brazil's central bank has authorized testing of payments via Facebook Inc's messaging service WhatsApp in the country, Visa Inc and Mastercard Inc said on Friday, easing an outright ban on the service imposed last month.
FILE PHOTO: The Whatsapp logo and binary cyber codes are seen in this illustration taken November 26, 2019. REUTERS/Dado Ruvic/Illustration/File Photo
The ubiquitious messaging service in Brazil was finally entering the arena of payments by launching the service on June 15, after years of questions on how Facebook would make money from WhatsApp. Mastercard said in a statement that the tests would allow a limited number of cards to make small payments while the service is still pending central bank approval.
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