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Mobile payments are increasingly implemented in our daily lives. Most banks already work completely through mobile phones,with the possibility of making transfers instantly or paying with our smartphone or smart watch, without having to carry the wallet on top In addition, there are several platforms, such as Bizum, that help us improve the payment experience between friends or family, since we only need your phone number to send money.WhatsApp wants to compete against these types of platforms. WhatsApp Pay, the rumored payment feature, will work in a similar way, and will be coming to Spain soon.
WabetaInfo, a portal specialized in the Facebook app, where they usually announce news that will soon arrive on WhatsApp, has confirmed that the application's mobile payment platform will arrive soon to Spain. Although there are no details about the launch, everything indicates that it will arrive this year. It will do so through an app update, since it will be implemented in WhatsApp itself. In addition to Spain, the confirmed list also includes Mexico, India, Brazil and the United Kingdom.
WhatsApp Pay will mainly serve to send money to friends or family. Also to receive it. To do this, it will be necessary to link our bank account with the app. Of course, as long as the bank is compatible with the platform.The truth is that there are already platforms that work in a similar way. An example is Bizum, which allows us to send money instantly with our phone number. However, WhatsApp Pay seems to be more comfortable, since we would only have to send the money as if it were an image or video. Without having to look for the phone number, enter your bank's app, access the Bizum option and select the delivery.
Payments to come for Spanish users too, in future. ?? ? https://t.co/dLXLtjmi8E
- WABetaInfo (@WABetaInfo) February 4, 2020
Payments via WhatsApp
Along with the options to send location, documents, contacts or images, the one to make payments will appear. Afterwards, we will only have to put the number, the type of currency, and send. The user will receive it as a message and will be able to link their account number with the app to receive it. In addition, WhatsApp will create a special QR code so that other users can send you money. Scanning this code will open the platform to select the amount and you will be able to send money, even if you don't have it added to your contacts.
At this time, Facebook has not confirmed when this feature will be available. We'll be alert.