Sharing Money Through WhatsApp!! Is it really possible?

Is WhatsApp working on sharing money Via WhatsApp?

Would we be able to send or receive money through WhatsApp?. Recently Whatsapp Beta Info announced a small pilot program for some people in the US who can use the Novi digital wallet within WhatsApp that too with no fees to send and receive money. These transactions will be secure and instant at the same time.

WhatsApp Beta Info also shared 3 screenshots of how the feature will look like after it’s release. According to those screenshots, the user will open the Send Money page and enter the amount to be sent to the other person from the user’s wallet. Also our remaining balance will be shown at the top of the screen. After you enter the amount and press next, a pop from Novi will appear to confirm account information. Once the amount is sent to the other user, it can be seen in the chat.

What is NOVI Digital Wallet? 

It is a digital wallet that enables people to send and receive money internationally that too with security. Novi uses a digital currency named USDP (Pax Dollar) which runs on blockchain technology. If you want to use Novi, you can simply sign up in the Novi app by downloading it from any app store. Novi’s main motto is to move money more freely. Most probably Novi will collaborate with Meta very soon. 

The Head of Novi has just announced about the small pilot program which is rolling out to some people in the US. These users can easily send and receive money within WhatsApp chat. This pilot program is available in some areas like Guatemala but they can use Novi app itself to send and receive money. Novi app also provides a trial version for its new users.

WhatsApp Beta Info also added that WhatsApp is just going to add a new feature to exchange money. It will not affect the user experience and their end-to-end encrypted chats and calls. If you live in the US you need to update your app right now to benefit from this small pilot program.

Is it safe to send money Via WhatsApp?

WhatsApp itself isn’t managing the transactions, they are just integrating Novi Pilot Program and the rest is up to Novi.

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