Aditya

Novi from Meta - Digital wallet to move money instantly with no fees

Novi is a digital wallet from Meta that helps you send and receive money instantly and securely. Move money across borders for everyday needs, monthly expenses, and special occasions — today with no fees.

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Aditya
Sending money should always have been as easy as sending messages. This is now possible with Novi integration with WhatsApp. Back in October, Facebook (now Meta) launched a small pilot test of its cryptocurrency wallet Novi in the US and Guatemala. Pilot testers have been able to send each other personal payments through the service since then. Now, the company has announced that a limited number of people in the US will also be able to send and receive Novi payments from within WhatsApp. Novi co-founder @DavidMarcus, previously said that Meta will roll out Novi payments to all of its subsidiaries, namely Facebook, Instagram, and WhatsApp. Is this the next big move by Facebook? Just found out: Novi was earlier called Calibra??!! (https://www.producthunt.com/post...)
Levi Gleb Raskin
@davidmarcus @adityavsc could you tell me please, what is a type of Blockchain do you use?
Levi Gleb Raskin
@davidmarcus @adityavsc is it a non-custodial wallet?
Aysanew Yonas
I have been waiting for it! Thanks meta!
Andrii Kpyto
@aysanew_yonas hi! How you gonna use it? :)
Aysanew Yonas
@kpyto hope its simple
Stuart G. Hall
To put Novi's potential for network effect-led growth in SE Asia context: "Southeast Asia has a sizable unbanked population, primarily found in Indonesia, the Philippines, and Vietnam. Of the estimated 1.7 billion unbanked people today, 290 million live in the region. This is another contributing factor behind the high P2P uptake, certainly, it’s why Facebook’s crypto wallet Novi is predicted to have a high uptake in the region. "In the Philippines for example, 71 per cent of adults do not have a bank account, according to a 2019 report by the country’s central bank. And unlike the US where younger users have failed to drive Facebook adoption, in the Philippines, almost 33 per cent of the users are aged 18 to 24. This user profile is supported by figures from Metamask, with Filipinos making up a fifth of its ten million active monthly users - driven by the success of the NFT-based game Axie Infinity which allows people to earn by playing." Source: https://e.theleader.vn/the-rise-...
Ahmet Akdel
The idea is interesting. Congrats
Mitko Karshovski
If this works well, it's going to be a game changer for digital nomads and immigrants around the world
YOMINIGERIA AFRICA
nigeria has continued to adopt certain fintech yet certain day to day life are no still covered, this could be the break through for the west african country and largest black nation
Jesse Peterson
Keep going on.
Andrii Kpyto
@smadvertisingservices I think this is not Meta priority product, since problems with Calibra
Shadrack Cherono
783245
Shadrack Cherono
Sending money should always have been as easy as sending messages. This is now possible with Novi integration with WhatsApp.
Anass Muftawu
Great
Sonya
Cool!
Vera
Cool!
Mironova Irina
Cool!
Charles Green
Cool!
Craig Tuttle
This is a pretty solid idea!
Maria
This is a great product! *_* Big congrats on the launch! ^_^ Do you have in plans to make it available worldwide? :))