WhatsApp is the largest messaging platform in the world, but unfortunately it is not without problems, and this is because not all the services it launches are necessarily well thought out. We are talking here about the fact that WhatsApp recently launched a money transfer service in Brazil, for a limited number of people, and despite the fact that it was available for a few days in the country, it was decided to suspend it by the country's central bank.
WhatsApp launched WhatsApp Pay to help people transfer money between phones in seconds, but Brazil's central bank has suspended the service to see how it affects competition. More than a week has passed since WhatsApp suspended its new money transfer service in Brazil, and as things stand, it is unlikely that things will change in a positive way in the near future for the platform.
WhatsApp: THE PROBLEMS PREVENTING THE LAUNCH OF A BIG FUNCTION
WhatsApp is testing WhatsApp Pay including in Mexico, this after months of doing the same thing including in India, where the system was also launched for a short period of time. Despite all the tests done by WhatsApp with its money transfer system, until now the company has not managed to launch WhatsApp Pay anywhere officially, and without having problems with the authorities, as happened including in India.
WhatsApp wants to launch the money transfer system in order to generate income without displaying ads within the messaging application, but apparently, it cannot do this in a 100% legal way. Neither in Brazil, nor in India did WhatsApp manage to find a solution for this problem, and it is unlikely that they will find one in Mexico, but all these tests are preparing the launch in European countries, or even in the USA, where there is just as much interest.
WhatsApp will launch the money transfer service worldwide when it is 100% ready, but for now no one knows when this will actually happen.
