Joining the likes of digital payment, Facebook has recently announced its unified payment service, Facebook Pay, which would let users make payments without exiting the app.
The social media giant using Facebook-Pay would let users make payments across Facebook-owned apps (WhatsApp, Messenger, Facebook, Instagram). The service can also be used to shop, make in-game purchases, donate for cause and more.
Facebook in a blog said that the app will let users do the following
- Add a preferred payment method once and then make purchases without re-entering payment information each time
- Set up Facebook Pay app-by-app, or choose to set it up for use across apps, that is WhatsApp, Messenger, Facebook, and Instagram. Facebook says that it will not automatically set up Facebook Pay on other compatible apps unless you choose to do so
- View and manage payment history, all at one place
- Get real-time customer support via live chat in the US
Facebook will begin rolling out Facebook Pay this week in the US on Facebook and Messenger.
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Aware of its notorious past with privacy, Facebook has also revealed how the information that it would collect from Facebook Pay will be used. Facebook said it would collect information including payment method, date, billing and contact details and use the same to show targeted advertisements to users.
To setup Facebook pay Go to Settings > Facebook Pay > Add a payment method
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For the unknow, Facebook earlier this month has also launched a new company logo that it would use within its apps. Facebook has said that the new logo will help people know that Facebook owns products like Whatsapp or Instagram.