Facebook launches new payment system 'Facebook Pay'
Facebook is launching a new payment system to know as Facebook Pay. It will be available across Facebook, Messenger, Instagram, and WhatsApp
According to the details, The payment system has been designed to facilitate payments across Facebook’s popular social networks and apps, the payment method will allow people to send money to friends, shop for goods, or even donate to fundraisers.
Through Facebook Pay, users can make payments using their security options such as PIN or biometrics on their smartphones without exiting the app,
Facebook Pay will be available in the settings section of Facebook or Messenger apps, and it will support most debit and credit cards and PayPal. Facebook is using Stripe, PayPal, and others to process these payments.
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