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Brazil's central bank has given Facebook-owned WhatsApp the greenlight to relaunch P2P payments in the country - nine months after suspending the service. 
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Facebook and Google are teaming up with Indian firms Infibeam and Reliance Industries on an application to set up a national digital payment network in the South Asian country, according to the Economic Times.
Vineet Anand's insight:
India's central bank invited companies as alternative to NPCI - Google, FB, Amazon among the players partnering with established companies locally.
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Even as cryptocurrency prices have plunged, several big tech companies are working on their own digital tokens for use in text messaging systems.
Vineet Anand's insight:
Facebook planning to launch crypto-currency as digital token to move funds in P2P environment and in talks with exchanges!Â
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Finextra: Facebook is working with e-commerce platform Shopify to extend testing of its 'buy' button, which lets users purchase products without leaving the social network.
Vineet Anand's insight:
FB extends its testing to more merchants at Shopify!
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Finextra: As it arrives in New York City, Facebook Messenger's payments service has been tweaked to make it easier for friends to send money within conversations.
Vineet Anand's insight:
P2P service from FB extends now to NY in addition to Austin, Portland, and Seattle.
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Member since ... well, never. Facebook, which today unveiled its long-awaited peer-to-peer payments, notably has left out American Express -- no doubt much
Vineet Anand's insight:
Send Money is pure debit to card / bank service, thus not having Amex or Discover does not affect the later two issuers in P2P world. There are estimated 80 million cards on file today with FB; as FB rolls out its business offering to purchase goods and services via messenger - this will hit Amex and Discover as customers will be forced to choose either Visa or MC debit.
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Next week at its F8 developer conference, Facebook will announce new ways for third parties to offer experiences through its Messenger app, according to..
Vineet Anand's insight:
FB messenger will explore similar offerings from WeChat, Line popular messaging services in China and Japan. Payments will be part of the offering for services purchased on messenger!
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Finextra: American Facebook users will soon be able to send money to each other through the social network giant's Messenger app.
Vineet Anand's insight:
Much awaited news of P2P Facebook payments is revealed. There is no mention of pricing for credit cards but might have similar structure to Venmo. FB has built its own gateway to process payments and will compete with Square cash, Venmo, Snapchat service via Square, and the likes of WeChat in Asia. Likely What'sup will have similar features to remain relevant in market like Asia where Line, WeChat and others offer similar payment services beyond P2P. I predict Apple Pay will have a similar service using messenger and iMessenger service to bring greater value to its consumer base. And that service can be introduced across all iDevices rather than just NFC enabled!
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
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WhatsApp payments pause gets lifted by Central Bank. PIX service from the central bank for instant payments will compete with FB payments. Libra in the future?Â