Signal has rolled out several new features over the last couple of months to capitalize on the recent backlash against its biggest competitor WhatsApp. The privacy-focused messaging service has rolled out support for encrypted group calls, custom wallpapers, animated stickers, and more. It has also received a new backup feature that lets you transfer chats to a new device easily. In order to give users a viable alternative to WhatsApp Payments, Signal has now started testing a new privacy-focused payments feature in the UK.
As per a recent blog post from Signal’s developers, the latest beta update for the app brings support for a new feature called Signal Payments. The feature will let you send and receive payments on the platform using MobileCoin.
MobileCoin is a privacy-focused payments protocol that offers users a digital wallet and a companion cryptocurrency called MOB. The latest Signal beta update lets users in the UK easily link a MobileCoin wallet to the app to send and receive funds. It also offers a simple interface to help you keep track of your balance and review your transaction history.
