Facebook now launching its new payment gateway called Facebook Payment for Whatsapp, Instagram and Facebook
Facebook now launching a new payment method which is called Facebook payment. It will be available on Whatsapp, Instagram and Facebook and messenger apps. People can send money to their friends and contacts or can buy anything using this Facebook Payment. Except all these for charity purpose also this payment process can be used.
This Facebook payment is completely different from Facebook’s new Calibra wallet and the Libra network. Facebook are using paypal and stripe for payment processing.
Facebook now planning to release this payment method in USA this week through messenger and facebook.
It will be functional for the fundraisers, individual-to-character bills, event tickets, in-game purchases, and some purchases from pages and groups that carry out on Facebook’s Marketplace.
Facebook are trying to give a secure payment gateway for their customers. Now its time to see how audience will accept this and time will say how popular it will be in worldwide.