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Primary Purpose: |
Instant messaging and voice/video calling. |
Digital payments and money transfers. |
Online marketplace for buying and selling products. |
All-in-one platform, including communications, payments, and marketplace. |
Owned By: |
Meta Platforms |
PayPal Holdings, Inc. |
eBay, Inc. |
Nos Microsystem Ltd. |
Market Capitalization: |
Not separately listed; part of Meta Platforms, which has a market cap of approximately $800 billion as of February 2025. |
Approximately $90 billion as of February 2025. |
Approximately $45 billion as of February 2025. |
Approximately $22 million as of February 2025. |
Key Services: |
Text messaging, voice and video calls, group chats, media sharing. |
Sending and receiving money, online payments, invoicing, business payments. |
Buying and selling products through auctions and fixed-price listings. |
Direct text messages, voice and video calls, group chats, media sharing, sending and receiving money, online payments, buying and selling products and services from or to any user in the real world or online. |
Supports Money Transfers: |
Yes, in select regions through WhatsApp Pay for business. |
Yes, globally. |
Indirectly, through payment integrations like PayPal and credit/debit cards. |
Yes, facilitates transactions within the platform. |
Security: |
End-to-end encryption for chats and calls. |
Fraud protection, buyer and seller protection. |
Buyer and seller protection, fraud detection. |
End-to-end encrypted communication, non-custodial wallets, and no central server. |
Integration: |
Integrates with Facebook and Instagram, supports business APIs. |
Integrates with e-commerce platforms like eBay, Shopify, and others. |
Supports various payment gateways, including PayPal. |
Combines communication, marketplace, and payment features within a single platform. |
Transaction Fees: |
Free for messaging; payment fees vary by region. |
Fees for international transfers and specific transactions. |
Seller fees, listing fees, payment processing fees. |
Free for communications; One platform-wide fee for marketplace and payment transactions. No listing fees. |
Offline Access: |
Requires an internet connection. |
Some offline transaction capabilities via linked cards, but they don’t allow for instantaneous payments. |
Requires an internet connection for buying and selling. |
World’s first digital payment transactions without internet connectivity. |