Simplifying Payments with Facebook Pay

Today we’re introducing Facebook Pay, which will provide people with a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp. 

People already use payments across our apps to shop, donate to causes and send money to each other. Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected. 

With Facebook Pay you can:

  • Add your preferred payment method once then use Facebook Pay where available to make payments and purchases on our apps, instead of having to re-enter your 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
  • View payment history, manage payment methods and update your settings in one place 
  • Get real-time customer support via live chat in the US (and in more places around the world in the future)
  • Clearly understand which payment services are part of Facebook

Facebook Pay will begin rolling out on Facebook and Messenger this week in the US for fundraisers, in-game purchases, event tickets, person-to-person payments on Messenger and purchases from select Pages and businesses on Facebook Marketplace. And over time, we plan to bring Facebook Pay to more people and places, including for use across Instagram and WhatsApp. 

How It Works

You can start using Facebook Pay on Facebook or Messenger with just a few taps:

  1. Go to “Settings” > “Facebook Pay” on the Facebook app or website
  2. Add a payment method
  3. The next time you make a payment, use Facebook Pay 

Once Facebook Pay is available on WhatsApp and Instagram, you’ll be able to set it up directly within each app.

Facebook Pay supports most major credit and debit cards as well as PayPal. Payments are processed in partnership with companies like PayPal, Stripe and others around the world. Facebook Pay is built on existing financial infrastructure and partnerships, and is separate from the Calibra wallet which will run on the Libra network.

Facebook Pay experience in Messenger

Security and Protection for Payments

Facebook has offered trusted payment experiences since 2007, and we’ve processed more than $2 billion in donations alone since we launched our first fundraising tools in 2015.

With Facebook Pay, we’re continuing to invest in security. We designed Facebook Pay to securely store and encrypt your card and bank account numbers, perform anti-fraud monitoring on our systems to detect unauthorized activity and provide notifications for account activity. You can also add a PIN or use your device biometrics, such as touch or face ID recognition, for an extra layer of security when sending money or making a payment. Facebook does not receive or store your device’s biometric information. Learn more about Facebook Pay privacy.

What’s Next

Facebook Pay is part of our ongoing work to make commerce more convenient, accessible and secure for people on our apps. And in doing so, we believe we can help businesses grow and empower people everywhere to buy and sell things online. We’ll continue to develop Facebook Pay and look for ways to make it even more valuable for people on our apps. 

For more information, visit pay.facebook.com.

The post Simplifying Payments with Facebook Pay appeared first on About Facebook.

Funding

We need your support to operate it properly. We have lots of ideas but less fund, so help us with your funding.

Contribute

Thoughts of the day

A perfection of means, and confusion of aims, seems to be our main problem

Albert Einstein
Sell your product online

Do you want to sell products online with no extra cost?

Send your details, our executive will contact you

Email:

Mobile:

Location:

Polls
What you like most in facebook?
News
33%

 


Games
33%

 


Images
33%

 


Videos
1%

 


Tutorial On Request
Q. Ask us for any tutorial or any thing which helps to build your career better.
Email:
Query: