Facebook Intro’s New Payment Offering

MENLO PARK, Calif.– Facebook is introducing a new payment system called Facebook Pay that will be deployed across its namesake solution as well as its Messenger, Instagram and WhatsApp apps.

In a statement, the company said with Facebook Pay consumers will be able to:

  • Add a preferred payment method once then use Facebook Pay where available to make payments and purchases on its apps, instead of having to re-enter 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,” the company said
  • View payment history, manage payment methods and update settings in one place 
  • Get real-time customer support via live chat
  • Clearly understand which payment services are part of Facebook

Facebook Pay is now rolling out and can be used for fundraisers, in-game purchases, event tickets, person-to-person payments on Messenger and purchases from select Pages and businesses on Facebook Marketplace, the company said.

 

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