WhatsApp to allow crypto payments through Novi wallet in US

WhatsApp to allow crypto payments through Novi wallet in US

The pilot program is open to a limited number of people in the United States, Novi head Stephane Kasriel said in a tweet late on Wednesday.

Advertisement
Meta Platforms, formerly Facebook, has been working on the wallet app for several monthsMeta Platforms, formerly Facebook, has been working on the wallet app for several months
Reuters
  • Dec 9, 2021,
  • Updated Dec 9, 2021 9:05 PM IST

Meta Platforms Inc's cryptocurrency wallet, Novi, will allow users to send and receive money through the social media giant's messaging app, WhatsApp.

The pilot program is open to a limited number of people in the United States, Novi head Stephane Kasriel said in a tweet late on Wednesday.

Advertisement

Using Novi does not change the privacy of WhatsApp personal messages and calls, he said.

Meta Platforms, formerly Facebook, has been working on the wallet app for several months, while scaling back its global plans for rolling out a digital currency called Diem on regulatory concerns.

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Meta Platforms Inc's cryptocurrency wallet, Novi, will allow users to send and receive money through the social media giant's messaging app, WhatsApp.

The pilot program is open to a limited number of people in the United States, Novi head Stephane Kasriel said in a tweet late on Wednesday.

Advertisement

Using Novi does not change the privacy of WhatsApp personal messages and calls, he said.

Meta Platforms, formerly Facebook, has been working on the wallet app for several months, while scaling back its global plans for rolling out a digital currency called Diem on regulatory concerns.

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Read more!
Advertisement