Meta plans to put an end to the Novi pilot program, which will no longer be available as of September 1st, so it recommended that users of this service withdraw their funds “as soon as possible.”

Novi is the digital wallet service that allows you to send and receive cryptocurrency payments through a messaging app chat. These payments are made with Pax Dollars, a cryptocurrency pegged to the dollar.

The company launched the application in a trial period in both the United States and Guatemala in October 2021. Shortly after, it expanded the reach of the app by allowing payments with cryptocurrencies also through WhatsApp.

Now, the company announced through its help page that its pilot program is coming to an end. Specifically, both its app and its presence on WhatsApp will no longer be available as of September 1.

In addition to announcing the end date of this service, Meta indicated as of July 21st, customers will not be able to add money to their respective Novi accounts.

In the statement, they say once this period ends the user will not be able to log in or access their Novi account.

K. Tovar

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Source: RPP

La entrada Meta announces the end of Novi apareció primero en Bitfinance.

This Wednesday, the pilot plan was announced in the United States to test the Novi wallet on the WhatsApp messaging platform. Stephane Kasriel, head of Meta’s cryptocurrency and fintech unit, Novi, indicated that the test is aimed at allowing some users in the country to “send and receive money without commissions and without the need to leave the application.”

Through a tweet, Kasriel noted: “There is a new way to test 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.”

Through screenshots, Davis Marcus, in charge of the fintech unit, showed the simplicity of the process for transactions, making it clear that users will have the possibility to trade with the stablecoin Pax Dollar (USDP), pegged to the US dollar.

Another small step in the right direction. Today, we’re starting the rollout of the @novi wallet in @WhatsApp in the 🇺🇸. On a personal level, this is the best farewell gift from the best team ever! pic.twitter.com/6jk4NO60wv

— David Marcus (@davidmarcus) December 8, 2021

Meta’s Novi wallet had already been tested in a pilot plan a few months ago among users in Guatemala and the United States, through an alliance with Paxos and Coinbase.

Currently, Meta’s cryptocurrency department is waiting for the response of users to decide the expansion of this alliance, the crypto wallet Novi.

M.Pino

With information from international agencies

La entrada WhatsApp will offer cryptocurrency transactions apareció primero en Bitfinance.