How to use WhatsApp Pay? Find out all the details!
Do you know how to use WhatsApp Pay? That's exactly what you'll learn in this article.
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Using WhatsApp Pay is a simple way to send and receive money through your WhatsApp account.
This social network, which is so present in our lives, can also be used as a form of payment, which helps to bring practicality to both individuals and self-employed professionals.
And if you want more about this tool, how to use it and the main benefits, continue reading.
What is WhatsApp Pay?
WhatsApp Pay is the new payment and transfer service that can be made within the app.
The service is available to users in Brazil and China, the countries that use this social network the most to send messages.
In fact, there are more than 120 million Brazilians already use WhatsApp. Everything indicates that this number will grow in the coming years.
By registering on the platform, you can send and receive money to your friends – without any fees.
You can track the status of your transfers through WhatsApp itself.
How does WhatsApp Pay work?
The service is based on Facebook Pay, also authorized by the Central Bank.
The option is available via the paperclip symbol or the + button (for iPhone users).
Simply click on the symbol and enter the amount you want to send. However, to access this feature, you will need to add a payment method.
Currently, transfers cannot exceed the value of R$ 1,000.00.
Additionally, users cannot make more than 20 transfers per month and the monthly cap is R$1,000.00.
To make transfers, click on the clip or “+ button” and the amount you want to transfer.
Then, click on pay. Authenticate via code or biometrics.
Take advantage and also read 👉 DDD of the States of Brazil – a complete list with all of them!
Who can use WhatsApp Pay?
WhatsApp has already announced that the feature will be released to all users of the application throughout 2021.
The service is available to individuals and legal entities.
For individuals, there is no cost. However, for companies, there is a charge of 3.99% per transaction.
You will receive payment up to two days after the day the transfer to your account was made.
To use WhatsApp Pay you need to register a debit card (prepaid cards with the debit function activated are also accepted).
The accepted cards so far are MasterCard and Visa.
Regarding accepted banks, we can mention:
• Bank of Brazil
• Itau
• Bradesco
- Inter Bank
- Mercado Pago
• Nubank
• Sicredi
• Next
• Woop
Is payment via WhatsApp Pay safe?
Whenever a new payment method is launched, it is normal for people to have doubts regarding the security of the tool.
For those who want to use WhatsApp, it's no different.
The first thing you should know is that WhatsApp Pay is safe.
In addition to being authorized by the Central Bank and processed by Cielo, the resource was developed based on several security and privacy protocols, such as encryption and advanced data storage with layers of protection.
Because the feature allows transfers between accounts, banks receive the transaction data. For this reason, transactions may not be protected by end-to-end encryption.
To avoid any problems, WhatsApp ensures that the user's card information is encrypted and stored in an extremely secure location.
What are the main advantages of using WhatsApp Pay?
As you already know, there are several online payment systems in Brazil.
Each of them has its own features and benefits.
But what makes this tool different? Why start using WhatsApp Pay? That’s what you’re going to find out now.
1. Practicality
Do you remember the time when you had to go to the bank to pay a bill or make a transfer to your friends?
Surprisingly, it wasn't that long ago that we started using banking apps to perform these services.
But in recent years, we have started to see an even greater number of payment applications.
They certainly brought several benefits to society. Practicality was one of them. With just a few clicks, you can make several transfers to your friends.
The process is quick and functional. There is no need to use the bank's app, especially for smaller amounts and transactions with unknown people.
2. Security
WhatsApp Pay can validate the PIN, ensuring the protection of all transactions.
This way, you don't need to worry about your card data being stolen or leaked.
This security measure, in addition to protecting your data, is carried out in a minimally bureaucratic manner.
3. Agility
Once you use WhatsApp Pay, you will notice that it is much faster than most traditional banking apps.
A friend of yours borrowed money and wants to pay it back? So why not ask them to use WhatsApp Pay to speed up the process?
Both win!
Is WhatsApp Pay recommended for small business owners?
When it comes to digital marketing and customer service, WhatsApp has brought many benefits to small businesses.
But now, it offers another feature: online payment.
The setup is very simple.
You just need to connect or create a Cielo account with Picpay, enter your company details and add a receiving account. Then, just start selling.
WhatsApp is already a platform that can be used as a communication and sales channel.
Now, it will really help you sell more of your products and receive money faster.
Conclusion
Using WhatsApp Pay is recommended for both individuals and companies. The tool is very practical and intuitive. The entire process can be completed in just a few seconds.
Make your financial life easier and start using WhatsApp Pay!
