On Tuesday, Facebook announced the launch of its consumer payment system, known as “Facebook Pay.”
Facebook Pay will function as a payment system that functions across Facebook, Messenger, Instagram, and WhatsApp. The company says it will make it easier to shop, donate to causes, and send money to other Facebook users.
The company offered the following specs:
- Add your preferred payment method once then use Facebook Pay where available to make payments and purchases on our apps, instead of having to re-enter your payment information each time
- Set up Facebook Pay app-by-app, or choose to set it up for use across apps (where available) — that means we won’t automatically set up Facebook Pay across the apps you are active on, unless you choose to do so
- View payment history, manage payment methods and update your settings in one place
- Get real-time customer support via live chat in the US (and in more places around the world in the future)
- Clearly understand which payment services are part of Facebook
Facebook Pay will roll out to the Facebook and Messenger platforms this week in the United States.
Stay tuned for additional details as they become available.
Via The Mac Observer