Amazing, Facebook has cooked up another app, called Facebook Pay. This payment app is different from all other existing paying apps, as it is also available on some other social media platforms like Messenger, WhatsApp, and Instagram. You can use Facebook Pay to send money to family and friends, donate to fundraisers, and even shop for goods, all you need is a debit card number, and you can easily make payments from any conversation. The app is designed to enhance payments across popular social networks and apps on Facebook.
According to the company, Facebook Pay will be separated from the new Calibra wallet and Libra network, and it’s built on the existing financial partnerships and infrastructure. It is a new service of payment that allows users to send and receive money from the Facebook family apps of Facebook, Instagram, WhatsApp, and Messenger. The Pay service is quite similar to Google Wallet, Venmo, and Apple Pay which allows users to transfer money directly from their credit cards or bank accounts.
Is Facebook Pay Safe
The service is safe and very secure, that is why most users prefer using it. The service is also accepted on the marketplace of Facebook. But the Pay has no fees and does not store money in an online account. Although, Facebook has an existing service called Payments that worked with messenger. But the Pay service works with credit cards and will maintain a transaction history.
The service must be individually set up for each of the app. So signing up the Pay service on Instagram will not set up the pay for WhatsApp automatically too. Also, the Pay accepts most of the credit cards that are major which includes, including Visa, MasterCard, and users can also connect with PayPal account. The service can trigger its own security and pushback among privacy watchdogs because of the company’s plans to make use of the transaction data of the people in its multibillion ad business.
How Does Facebook Pay Work
You might be wondering how the service works, well below are tips on how it works;
- Add your payment method and then use it to make purchases or payments on the Facebook apps.
- Set up the Facebook Pay app-by-app, or you may choose to set it up for use across the apps.
- View your payment history, manage the methods of the payment, and update your settings in one place
- Then you can finally get support from a real customer through a live chat.
How to Use Facebook Pay
You can access the service in the settings section of your Facebook or Messenger apps. All you need do is to follow the steps below;
- Firstly, go to settings of the Pay settings. On your Facebook website or app
- Add the payment method of your choice
- You can now make payment with the use of your Facebook Pay when net you want to make payment.
To access the Pay service is as simple as that. Once your Facebook Pay is available on your WhatsApp and Instagram, you will be able to directly set up each app. Facebook Pay supports most of the major debit and credit cards as well as PayPal. For more information about Facebook Pay, kindly visit this link; https://www.pocket-lint.com/apps/news/facebook/.