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Facebook’s new payment system “Facebook Pay” – TechBaz

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This year, their own virtual cryptocurrency, Libra Facebook has brought to the public. However, this large social networking site did not stop there. This time Facebook Pay Facebook has launched a new service called, through which you can easily make purchases or make money transactions from Facebook. This service called Facebook Pay can be used through Facebook app.

You can also use Facebook’s messaging app, Messenger and Facebook Pay. This new service is currently only available in the United States. The service will soon be added to two more apps of Facebook – Instagram and WhatsApp. In a few days, this service called Facebook Pay will be seen worldwide.

They are not unaware that Facebook is not a worthy candidate in terms of privacy and security. So Facebook has focused on strengthening privacy and security. In the case of shopping using Facebook Pay Pin code or biometric fingerprint Will be used, whose data will be encrypted.

The use of Facebook Pay can have an effect on Facebook Ad. Facebook will show ads based on users’ purchases.

Facebook has said that this Facebook Pay will have nothing to do with Calibra Wallet, which is powered by Libra cryptocurrency.

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