News — DigitalPayments

Nedbank Launches WhatsApp Money Service With Mastercard In S

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Tags DigitalPayments, News, SouthAfrica, What, WhatsApp

Nedbank Launches WhatsApp Money Service With Mastercard In S

Africa Nedbank, based in South Africa, unveiled a service called Money Message that lets customers send money through the ultra-popular WhatsApp messaging app. The Money Message website, which contains minimal references to Nedbank, lists four main uses for the new functionality. They are: create bills and send them to customers in WhatsApp; link bank accounts to the service to receive payments; make payments "through a secure Masterpass connection;" and make payments by scanning QR codes in WhatsApp. To begin using the service, a future recipient or sender of money starts by registering through WhatsApp, according to a Q-and-A posted on...