debit or credit card to Facebook’s payments system for use on the app. WhatsApp users who have accounts with any one of those banks will be able to add their Visa Inc. In Brazil, that approach means partnering with three banks: Banco do Brasil, Nubank and Sicredi. Click here to join our channel stay updated with the latest tech news fell as much as 8.5% and 10%, respectively.Įxpress Tech is now on Telegram. Cielo stock on Monday jumped about 35% after news of the WhatsApp arrangement. The country's Central Bank is allowing payments through the WhatsApp system on a trial basis.Becoming a Facebook partner can be lucrative, at least in the short term. At a later date, WhatsApp will allow users to use its new instant payments system to pay for rides on 99, said Gabriela Comazzetto, Facebook business director in Brazil. The fare will be the same as for rides ordered over the 99 app. Initially, rides ordered over WhatsApp will have to be paid in cash, which is how 70% of the orders via 99 are currently paid for, Pozzi said. It will allow access to the service for a larger universe of people who will no longer need to download our app to order their rides, Pozzi said. The partnership is primarily aimed at low-income Brazilians whose smartphones have less capacity to download apps, and people who live in regions whose mobile phone signals are weaker, she said. The service, initially limited to four cities in São Paulo state, will expand to the whole of Brazil by the end of 2020, said Livia Pozzi, operations manager at 99.

99 has about 20 million customers registered with its app and more than 750 thousand active drivers across Brazil. WhatsApp has 120 million active users in Brazil, which has a population of 210 million, making it the app's second-largest market behind India. The partnership is the first of its kind in the world for Didi, China's biggest ride-hailing company, the companies said, and could give 99 an advantage in competing with US-based Uber Technologies Inc, the market leader in Brazil. The partnership is the first of its kind in the world for Didi, China's biggest ride-hailing company, the companies saidīrazilian ride-hailing service 99, controlled by China's Didi Chuxing Technology Co Ltd, has partnered with WhatsApp to accept orders on the chat platform owned by Facebook in a move that would allow users to summon cars without using another app.

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