Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Company News

WhatsApp to start charging some users soon

Fikayo Owoeye by Fikayo Owoeye
August 2, 2018
in Company News, Tech News
WhatsApp to start charging some users soon
Share on FacebookShare on TwitterShare on Linkedin

WhatsApp has announced plans to launch a new pay-to-use tool for businesses to communicate with their customers.

The new platform will enable companies to provide information and services, such as delivery dates or boarding passes, to customers, while the messages will be charged at a fixed rate for confirmed delivery, ranging from 0.5 cents to 9 cents per message depending on the country. The new fee is for businesses as users will still be able to chat with friends free of charge.

According to Reuters, the Facebook-owned messaging application, WhatsApp currently has around 1.5 billion users and Facebook has been looking for ways to monetise its WhatsApp service in the face of rising costs as it spends heavily to improve privacy safeguards and tackles concerns about social media addiction.

RelatedPosts

Mark Zuckerberg has lost more than half of his wealth in 2022

GSMA says Google, Facebook, others are squeezing telcos’ revenue 

According to Facebook:

“Businesses will pay to send certain messages so they are selective and your chats don’t get cluttered, in addition, messages will remain end-to-end encrypted and you can block any business with the tap of a button.”

Recall that Facebook had paid $19 billion to buy WhatsApp in 2014 and there has been growing speculation about how Facebook intended to make money from it. This new move comes three months after WhatsApp’s former boss Jan Koum announced he was quitting the service he had co-founded.

News continues after this ad


Also, WhatsApp had announced in January that it would start allowing small business accounts to communicate through the WhatsApp Business application, which has over 3 million active users. WhatsApp Chief Operating Officer Matt Idema said then that WhatsApp intends to charge businesses in the future.

Facebook also announced that users on Instagram can now see the amount of time they spend on the app each day and receive notifications when they exceed a self-prescribed threshold. Users also can mute notifications from the apps for up to eight hours.

News continues after this ad


Many are of the opinion that the new fee on WhatsApp is an attempt by its founders to cash boost the social network platform which recently suffered the biggest one-day price drop in history.

Related

Tags: FacebookWhatsapp Fee

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • MTN, others drag SWOOTs capitalization down by N509 billion
    • Sujimoto launches her new luxury condominium with Oikos premium doors
    • Lagos announces partial closure of Third Mainland Bridge

    Follow us on social media:

    Recent News

    Stocks worth over one trillion appreciate by 0.86% as Airtel investors gain N162.73 billion during the week

    MTN, others drag SWOOTs capitalization down by N509 billion

    August 14, 2022
    Sujimoto launches her new luxury condominium with Oikos premium doors

    Sujimoto launches her new luxury condominium with Oikos premium doors

    August 13, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com