Banco do Brasil launches financial transactions via WhatsApp

Brazil’s oldest bank has introduced a series of transactional services to consumers through WhatsApp. Banco do Brasil (BB), the country’s largest bank by assets, is rolling out 11 types of transactions via the messaging tool, including access to balances of current and savings accounts, money transfers, mobile phone top-ups and generation of credit card statements. The phased rollout will see the introduction of the WhatsApp portfolio to 500,000 clients a week.

The government-owned bank expects that the entire client will be able to use the services within the next few weeks. In order to use the service, clients have to save the bank’s telephone number and start a conversation. For balance checking, a confirmation code will then be sent over to the customer via push or SMS.

For other transactions, the customer’s passcode will be required.

According to the bank, the transactions are powered by an artificial intelligence platform and have end-to-end encryption.

If there is a need for human intervention, the customer will be directed to an agent.

More Banking Tech

Above all freelancers, but also self-employed less than 600,000 euros in sales and less than 60,000 profit, do not need to make financial authorities and accounting - i.e. double accounts and annual balance sheet and income statement. Thus calls on the state of entrepreneurship, because in particular freelancers, small businesses, and center stand to benefit from the possibilities of the facilitated simple accounting. Who the revenue surplus account with WISO EUR & Checkout makes, uses not only the experience of editors, but also has a simple and transparent evaluation system. So you always have the most important financial figures in the view and can better plan. Your revenue and expenditure capture conveniently via cash book and bank account. With just a few mouse clicks, everything is correctly and quickly recognized in the income statement. Monthly or quarterly welcome the tax office a statement of revenue or tax. Also helps WISO EUR & Checkout: The corresponding values are automatically from your bookings are determined and entered into the control form. Via the integrated ELSTER interface, you can submit the data directly to the tax office.This text is machine translated. - More Info - EAN: 4011282000639

You may also like...

Apps & Games Clothing Electronics & Photo Large Appliances
Baby Womens Apparel Garden Lighting
Beauty Mens Apparel Outdoors Luggage
Books Girls Apparel Health & Personal Care Pet Supplies
Car Boys Apparel Home Shoes & Bags
Motorbike Computers & Accessories Kitchen Equipment Sports & Outdoors
Fashion DIY & Tools Jewellery Toys & Games