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Facebook launches payment service: Facebook Pay

Autor: Financial Market
Timp de citit: < 1 minute

Facebook recently announced the launching of a new payments system which will allow users to send money to businesses and their friends through WhatsApp, Instagram, Messenger and Facebook itself.

The feature, called Facebook Pay, will establish one single payment method designed to provide “a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp” which will allow customers to buy event tickets, split bills, pay for products that they see in their feeds and donate to charity drives.

People already use payments across our apps to shop, donate to causes and send money to each other,” the company says. Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected.”

Facebook Pay will have the following main features: