Social Media Giant Facebook has introduced Facebook Pay an integrated payment sysytem where you can pay through Whatsapp , Messenger , Instagram or FB Market Place. Once added as a payment method it’ll work across any of the Facebook apps which you have enabled it.
It’s all set to be rolled In U.S this week Image : Facebook Newsroom
Facebook will be following the likes of Apple ,Google and has ventured into the Payment services.
Facebook wouldbe launching Pay this week for it’s U.S users through Facebook / Messenger at first .The company says it should work with most major credit/debit cards, PayPal, & Stripe and many others Facebook noted that it is different the Calibra wallet which will run on the Libra network (Facebook’ s Crypto currency).
People already use payments across our apps to shop& donate to social causes and send money to each other. Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected accordoing to their blogpost.
Facebook was in news recently when it’s cryptocurrency Libra had investors dropped out.