WhatsApp starts offering Novi money transfers to some users in the...

WhatsApp starts offering Novi money transfers to some users in the...
WhatsApp starts offering Novi money transfers to some users in the...
(now Meta), has launched a small beta test of its Novi cryptocurrency wallet, in the United States and Guatemala, according to a technical engadged report.

Testers have been able to send each other personal payments through the service since then, and now the company has announced that a limited number of people in the US will also be able to send and receive Novi payments from within WhatsApp.

This development was not surprising as David Marcus, co-founder of Novi previously said that Meta will roll out Novi Payments to all of its affiliates, namely Facebook, Instagram and WhatsApp. For WhatsApp, sending money is almost as easy as sending a message and users won’t even need to leave the app, and it’s also a simple way to send money without incurring a fee, and to do that users will have to find the intended contact within WhatsApp, and tap on the paperclip icon On the Android or iOS icon in the text bar, select Pay and follow the instructions on how to sign in to their Novi account.

Novi CEO Stephane Kasriel said on Twitter: “We often hear that people use WhatsApp to coordinate sending money to their loved ones, and Novi enables people to do so securely, instantly and without fees, and the payments will appear directly in people’s chat.”

Facebook has been harassing its digital wallet and Diem (formerly known as Libra) it was supposed to back it for years. After facing opposition from regulators around the world, Diem changed its focus, and Novi ended up using a stablecoin called Pax Dollar (USDP) backed by the before the US dollar.

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