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WhatsApp Launches Crypto Payments Pilot

WhatsApp Launches Crypto Payments Pilot

Assessment

Interactive Video

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

WhatsApp has introduced a pilot program in the EU allowing users to send and receive money using cryptocurrency within chats. This feature is powered by the Novae digital wallet, utilizing the Pax Dollar stable coin. Users can access the payment option via the paper clip icon on Android or the Plus icon on iOS. The service is free of fees, has no transaction limits, and offers instant transfers.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new feature has WhatsApp launched in the EU?

A video calling service

A cryptocurrency payment pilot

A new messaging app

A photo sharing feature

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which digital wallet powers the new WhatsApp payment feature?

PayPal

Venmo

Novi

Cash App

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of cryptocurrency is used in WhatsApp's payment feature?

Bitcoin

Ethereum

Pax Dollar stablecoin

Litecoin

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can users access the payment feature on Android devices?

Via the paper clip icon

Through the camera icon

By tapping the chat bubble

Using the settings menu

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fee for sending or receiving money using WhatsApp's new feature?

1% per transaction

2% per transaction

No fee

5% per transaction

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