Reuters reveals Latin American e-commerce and fintech firm MercadoLibre in talks with WhatsApp on business messaging payment

Reuters was first to report that Latin American e-commerce and fintech firm MercadoLibre was in talks with Meta to process payments for its WhatsApp messaging service starting in Brazil. MercadoLibre Chief Financial Officer Pedro Arnt told Reuters in an interview that the firm was already in the test phase. Facebook owner Meta said last month that it will launch a payments tool in Latin America’s largest economy, allowing WhatsApp users to message and buy from a business directly in the chat. After Reuters revealed the news, the company’s Nasdaq-listed shares rose sharply