[ccpw id="39382"]

HomeCrypto NewsMarketWhatsApp Adds Crypto As Payment Method For United States Users

WhatsApp Adds Crypto As Payment Method For United States Users

Date:

Written By:

In an unexpected turn of events, WhatsApp decided to launch a cryptocurrency payment feature for limited users.



 

Stephane Kasriel leading Novi Digital wallet said:
- Advertisement -

 

This feature is currently only available in the United States and is made possible by the integration of Novi, which is a digital wallet service owned by Meta (Facebook).

How It Works:

- Advertisement -

When you add money to your Novi account, it will be converted to USDP (Pax Dollar), a stable digital currency issued by Paxos Trust Company, a regulated financial institution. USDP is designed to have a stable value relative to the US dollar. So on Novi, 1 USDP is equal to 1 US dollar. The pilot program will allow WhatsApp users to send and receive money instantly, securely, and without fees.

You can securely keep a balance in your Novi account or transfer it to a bank account.

  • Start using Novi on WhatsApp.
  • In WhatsApp, find the contact you’d like to send money to and open your chat.
  • Tap the paper clip icon on Android or the + icon on iOS.
  • Select “Payment” in the menu.
  • Follow on-screen instructions to log into your Novi account or create a new one.
  • Start sending and receiving money!

 

For More Details Visit: https://www.novi.com/WhatsApp

 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

More from Author

Latest Stories

Guides