Signal is testing a payment feature with MobileCoin

Rising messaging app Signal has announced that it started testing the Signal Payments feature in the United Kingdom which will allow users to send and receive cryptocurrency using the MobileCoin wallet and its own currency MOB.

‘’Signal Payments makes it easy to link a MobileCoin wallet to Signal so you can start sending funds to friends and family, receive funds from them, keep track of your balance, and review your transaction history with a simple interface.’’ said the company in a blog post.  ‘’As always, our goal is to keep your data in your hands rather than ours; MobileCoin’s design means Signal does not have access to your balance, full transaction history, or funds. You can also transfer your funds at any time if you want to switch to another app or service.’’ 

If you’re in the United Kingdom, you can access the feature by joining Signal Beta and share your feedback with the company here.

Meanwhile, the app which increased its category rankings by 750% after WhatsApp’s controversial privacy policy update will also support crypto exchange with FTX. 

The company said that the beta program will expand to other markets and it’ll add other coin exchanges soon.