LONDON : Latin American e-commerce retailer and fintech firm MercadoLibre is in talks with Meta to process payments for its WhatsApp messaging service starting in Brazil, the company's chief financial officer told Reuters on Wednesday.
The payments tool in Brazil would allow WhatsApp users to find a company's account through a directory service and make in-app transactions with credit or debit cards. MercadoLibre last month posted better-than-expected profit for the third quarter on record net revenue of $2.7 billion, with 88 million unique active users in 18 countries.
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