The Facebook-owned company stated, “If any of your contacts aren’t yet using our Services, we will manage this information for you in a way that ensures we cannot identify those contacts.” WhatsApp mostly shares data for the sake of convenience and safety, and combined with Facebook services; it may suggest friends and content, personalized features, and help you make purchases.
It has also made a new section for ‘Transactions and Payments Data.’ It further mentioned, “If you use our payments services, or use our Services meant for purchases or other financial transactions, we process additional information about you, including payment account and transaction information.” You can link your Facebook Pay account to complete transactions, for instance. Apart from this, Facebook is also gearing up to launch its new cryptocurrency called Libra.
For Businesses on WhatsApp, the Facebook-owned instant messenger says that businesses on the platform can share your information with third-party service providers. The new updated policy doesn’t have any shocking terms, although it shows how Facebook projects Whatsapp and Instagram as independent apps, but slowly it is affiliating them with other Facebook services.