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Facebook launches Facebook Pay

Facebook launches Facebook Pay


Facebook recently announced, after a long wait, the launch of its new service Facebook Pay, a performance service that will enable users to perform their financial transactions from the application to other applications.

Facebook said Tuesday (November 12th) that its Facebook Pay service is now available and will enable users to transfer funds on other Facebook platforms and apps, such as WhatsApp, Instagram and Facebook Messenger.

Facebook also indicated that this service can be used to purchase products and services on the Marketplace or other Facebook applications.In addition, Facebook Pay is currently available for US users, where they can link their credit cards or PayPal accounts with this service.

The new service comes in light of the failure faced by the expected e-currency of Facebook Libra.

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