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July 1, 2022
Finance Technologies

Facebook Pay launches for US users on Messenger and Facebook

Facebook has announced its new payments system, Facebook Pay, just weeks after the likes of Visa, PayPal and Mastercard pulled out of its Libra Project. The new system will allow users to send money to friends, shop through Facebook Marketplace, buy tickets or games and donate to charitable causes across Facebook, Messenger, Instagram and WhatsApp. The social media giant says it’s a separate venture to the Calibra wallet it’s trying to create through the Libra project, assuring users that it “is built on existing financial infrastructure and partnerships” with payments processed by PayPal, Stripe and other global paytechs. The company,…
Facebook Pay launches for US users on Messenger and Facebook

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