WhatsApp now allows you to use the digital wallet 'Novi' that allows international remittances without fees

The messaging app 'WhatsApp' has started a pilot program that enables the use of the digital wallet service 'Novi ' that allows international remittances anytime, anywhere without fees.

Novi on WhatsApp

There's a new way to try the

@Novi digital wallet. Starting today, a limited number of people in the US will be able to send and receive money using Novi on @WhatsApp , making sending money to family and friends as easy as sending a message . ???????? pic.twitter.com/dGz3lejri7

— Stephane Kasriel (@skasriel) December 8, 2021

WhatsApp Integrates Cryptocurrency Payments in the US | PCMag
https://www.pcmag.com/news/whatsapp-integrates-cryptocurrency-payments-in-the-us

WhatsApp launches cryptocurrency payments pilot in the US --The Verge
https://www.theverge.com/2021/12/9/22825766/whatsapp-novi-digital-payments-us-pilot-paxos-stablecoin

In 'Novi on WhatsApp', WhatsApp users will be able to use functions such as international money transfer of 'Novi' by creating a Novi account.

As a mechanism, if you put money in the digital wallet 'Novi', it will be converted into the virtual currency Pax Dollar (USDP). In Novi, 1 USDP is equivalent to 1 dollar and you can send money as easily as sending a message.

Facebook starts the development of digital wallet 'Novi' that allows instant international remittance for free --GIGAZINE

The target countries of the pilot program are the United States and Guatemala, and the schedule for expansion to other countries is undecided.

In addition, 'Novi' was originally born as a digital wallet of the virtual currency 'Libra' developed by Meta (Facebook). Libra was later renamed to 'Diem' . It was scheduled to be officially released in 2021, but there is no sound yet.