WhatsApp will allow sending and receiving money in the US through digital wallet Novi

Head of Novi Stephane Kasriel announced in a tweet yesterday that Novi will be integrated into WhatsApp to allow a limited number of people in the US to send and receive Novi payments within the popular messaging app.

In October, Facebook had launched a pilot test for its cryptocurrency wallet Novi in the United States and Guatemala.

“Since we introduced the Novi pilot just six weeks ago, we’ve been able to test and learn which features and functionality are most important to people, and focus our efforts on making those even better. We often hear that people use WhatsApp to coordinate sending money to loved ones, and Novi enables people to do that securely, instantly and with no fees. Payments will appear directly in people’s chat.” Kasriel said.

Sending money with Novi on WhatsApp works the same as sending a file, contact or image. You can choose the Payment option by tapping the paper clip icon on Android or the + icon on iOS and then follow on-scree instructions to log into your Novi account or create a new one.

“We’re still very early in the Novi pilot journey, so we made the decision to test this new entry point in one country to start and will look to extend it once we’ve heard from people what they think of this new experience.” Kasriel said. 

“Using Novi doesn’t change the privacy of WhatsApp personal messages and calls, which are always end-to-end encrypted, “ he added. 

Meta, formerly Facebook, has been working on its wallet app for a couple of months, while scaling down its global plans to launch a digital currency called Diem over pushback from regulators.

Written by Sophie Blake


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