Following its launch in India and Brazil, WhatsApp is reportedly enabling payments within a chat in Singapore.
The IT company is said to have partnered with Stripe, a digital payment company, to provide the feature to the region.
According to Tech Crunch, WhatsApp implemented this payment feature using Stripe Connect and Stripe Checkout technologies, making in-app payment available online and offline.
Customers may now pay companies with credit cards, debit cards, or Singapore’s PayNow fund transfer system.
However, Meta claimed that the service is now only available to a select businesses, but that it hopes to increase its availability to more merchants in the coming months.
Businesses can enable this option through WhatsApp Business, which will also aid them in obtaining a Stripe account.
“Most people I know in Singapore use WhatsApp to chat with each other,” said Sarita Singh, Stripe’s regional head and managing director for Southeast Asia, in a statement to Tech Crunch. They may now use the app to pay local businesses as well. The speed and ease of payments via WhatsApp will assist businesses in expanding their income streams through new channels and reaching a wider customer base.”
In 2020, WhatsApp payment was first tested in India on the country’s Unified Payment Interface network. It also introduced merchant payments in Brazil last month, after previously permitting peer-to-peer payments for about three years.
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