Posted inBrazil

Facebook’s WhatsApp debuts payment service in Brazil

Contxto – Social media behemoth Facebook is debuting a highly-anticipated feature in Brazil. Through its Facebook Pay service and Cielo—a payments processor—users in this Latin American country can now complete payment transactions via WhatsApp. The company’s CEO, Mark Zuckerberg, made the announcement today on his Facebook page: “The Zucc’s” vague wording can only leave us […]

Posted inBrazil

Brazil slaps Facebook with US$1.6 million fine for data misuse

Contxto – Facebook in Brazil ended 2019 with a US$1.6 million fine from the country’s Ministry of Justice and Public Security. According to a briefing from last week, the social media giant was a co-participant in data misuse. Specifically, it allowed user’s data to be shared with a third-party application called “thisisyourdigitallife.” News reports brought […]

Posted inArgentina

MercadoPago and Xapo, two Latin American companies joining Facebook’s Libra Association

Contxto – The recent announcement of Facebook’s newest crypto-project, Libra, has provided much to talk about. While many think that this initiative is reserved for big-tech and foreign companies, that’s not necessarily the case. In summary There are two Latin American companies partnering with Facebook and joining the Libra Association Board. These include MercadoPago and […]