Facebook Pay Unveiled; Will Let you Send Money on Instagram, Messenger, and WhatsApp

Social media giant Facebook has officially launched its own payment system that will be consolidated into its many platforms, such as Instagram, Messenger, and WhatsApp. The transactions, be it payments or donations, will be handled by a unified Facebook Pay system.

Facebook Pay unveiled; Feature also extends to Instagram, Messenger, and WhatsApp

Deborah Liu, Marketplace and commerce vice president, said in an online post, “People already use payments across our apps to shop, donate to 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.”

Facebook Pay will be a single system that will handle financial transactions and safeguard data such as delivery addresses, credit card numbers, etc. for people that use the social media giant’s several social applications.

This service, which will be a unified one, will be rolled out in the US this week for people using services such as fundraisers, in-game purchases, event tickets, and person-to-person payments on Messenger and purchases on Facebook.

“Over time, we plan to bring Facebook Pay to more people and places, including for use across Instagram and WhatsApp. We believe we can help businesses grow and empower people everywhere to buy and sell things online. Facebook Pay is part of our ongoing work to make commerce more convenient, accessible and secure for people on our apps,” Liu further added.

The payments in Facebook apps will be processed in partnerships with PayPal, Stripe and other online financial transactions platforms around the world. But, these will be kept separate from a Calibra digital wallet being built to handle a proposed Libra cryptocurrency.


RECENT

Avatar
I am a tech-savvy who's an avid reader, a Hollywood movie buff, and a through and through Priyanka Chopra fan. I like to give my insights through words, which helps me to express myriads of emotions I go through.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.