Daily Management Review

Facebook upgrades Facebook Pay


11/13/2019


Facebook has launched the Facebook Pay electronic payment system, which will operate on the social network of the same name, its messenger, Instagram and WhatsApp, the company’s blog reads.



The service started in the USA for Facebook and messenger to pay for purchases in gaming applications and in individual companies on the Facebook Marketplace, purchase tickets for events, transfers between users and collect donations. Over time, the company plans to expand geography of the service and allow its use on Instagram and WhatsApp.

Users can start Facebook Pay through the settings in the application or on the social network site. At the same time, the company recommends choosing the preferred payment method so that you do not subsequently re-enter all the details every time. The system supports most credit and debit cards and PayPal.

Facebook recalled that users have been making payments through its applications since 2007, and since the launch of the donation collection system in 2015, more than $ 2 billion has been raised through this platform. The Facebook Pay system will simplify payments, make them more accessible and guarantee their safety and protection of information associated with bank cards and user accounts, the company promised.

source: newsroom.fb.com






Science & Technology

Live Facial Recognition Cameras Will Be Used By London Police

Driverless Vehicle For Its Ride-Sharing Service Unveiled By GM’s Cruise

Amazon will allow customers to pay with palms instead of cards

Complete Computer System For Self Driving Cars Launched By Qualcomm

In A Lifetime We Could Accumulate 20Kg Micro-Plastic In Our Body

Creator Of The First 'Gene-Edited' Babies Of The World Gets 3 Year Jail Term In China

China to deploy giant Beidou global navigation system in 2020

VW Zwickau factory is getting ready for electric cars production

Airbus: Passenger hybrid aircraft to take off before 2035

Ocado To Introduce ‘Mini Robotic Warehouse’ With Standard Productivity

World Politics

World & Politics

US Will Not Give Visas To Pregnant Women To Prevent Organized 'Birth Tourism'

Heads of the European Council and European Commission sign Brexit agreement

UK adds Greenpeace, PETA to extremist organizations list

Indonesia, UAE sign nearly $23B deal

US to respond to Iran’s attacks on US bases in Iraq

Irish Passport issues hit record in anticipation of Brexit

Reporters Without Borders calls to release Julian Assange

IMF allocates Ecuador $ 500 mln more to support reforms