Last Monday (05), the Central Bank approved a change in the regulation on Mastercard payment methods. Therefore, the creditor must implement its program in resources to enable direct purchases on messaging applications, such as Whatsapp.

Introduced in March 2021, the feature of transferring values between people now works. An example of this is Visa, which already has authorization for the WhatsApp messaging app in December 2021.

The authorization received from Mastercard refers to transactions between individuals and legal entities. Thus, with the functioning of the mechanism, it will be possible to carry out purchasing transactions nationwide using credit, debit and prepaid cards.

When releasing the authorization, the Central Bank stated that the released seal is just one of the steps necessary to release the program between individuals and legal entities on Facebook Pay.

In a note, Mastercard said it was satisfied receiving news of the authorization. Furthermore, he mentioned that he will continue to work with regulators to make the new tool available in the payments ecosystem.

Furthermore, the company mentions that “Mastercard remains committed to making electronic payments more fluid and secure, and believes that the WhatsApp payments service meets these objectives“.

Currently, when exchanging messages with a company via WhatsApp, consumers can select their product, add it to the shopping cart and send it to the company, which will complete the process on its platform.

Therefore, the main idea is that once the resource is approved for use by individuals and legal entities, the Institution itself finalizes the purchase directly on WhatsApp.

The banks and institutions that accept payment through Whatsapp are:

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