Signal, a chat app that became popular overnight after WhatsApp’s privacy scandal, is known for its privacy and security-centric features and interface. Now, XDA-Developers report the app is working on another feature: privacy-focused payments.
Signal is now testing privacy-focused payments in the app
The new payment system will reportedly use a payment protocol called MobileCoin, which offers a digital wallet and a cryptocurrency called MOB. Right now, the new feature is available for testing only in the UK, but we expect it will also be available for the US.
The new feature is present in the latest Signal beta update, and allows users to link a MobileCoin wallet to the app and make transactions. Additionally, a simple interface helps you track your balance and transaction history.
MobileCoin is designed in such a way that Signal will not have access to any of your payment info, transactions, and any other private information related to payment. On top of that, Signal says in a blog post that the funds can be transferred at any time if you want to switch to another app or service.
If you want to test the new feature, you can sign up for the beta program from here. Keep in mind the payment feature is now only available in the UK and will be available globally soon, although we don’t have a clear date at the moment.
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Iskra Petrova is a news writer at PhoneArena, where she covers mobile tech news and maintains the site’s device hubs with the latest leaked specs, rumors, and official details for upcoming phones. She joined PhoneArena in 2020 after three years in technical support for Microsoft Exchange, giving her practical experience with software infrastructure and troubleshooting. Iskra holds a Master’s Degree in Literature, which helps her translate complex tech details into clear, reader-friendly coverage. She is a daily Apple ecosystem user, while also closely following Sony Xperia’s camera-focused phones and Samsung’s Galaxy Z Flip series.
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