25 November 2021
WhatsApp payments feature is currently available in India and Brazil but the company has always been open about expanding to more regions. It seems like the next step in the expansion roadmap is the United States. As discovered by XDA folks during an APK teardown, WhatsApp is working on Novi digital wallet integration to enable peer-to-peer payments in the U.S.
Novi is a digital wallet platform developed by WhatsApp's parent company Meta (formerly Facebook). It allows users to send and receive money in the form of digital currencies in the US and Guatemala. Pax Dollar (USDP) is the only digital currency that the app supports for now and 1 USDP is equivalent to $1. When a user adds funds to the wallet app, it automatically converts that amount into USDP.
With Novi integration, WhatsApp users in the United States will be able to send and receive money from their contacts without leaving the instant messaging app. The reference code strings spotted by XDA reveal that users will need to submit selfie videos and identity documents before they can start using Novi. The findings are in line with what the WABetaInfo team discovered during their own investigation in October's last week.
As you might have guessed already, WhatsApp Novi integration is currently in the internal development stage. There is some time before it enters the public beta testing phase and eventually becomes available for everyone. We will keep you updated as and when these different phases will come into the picture.