Instagram has announced its Payment in Chat feature that lets users buy products by texting online businesses. The feature provides the facility to track orders and pay while staying in the chat.
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Facebook Pay has been rebranded as Meta Pay. The company said nothing is changing about the service right now except its name. The rebranding will first occur in the United States, then globally.
Facebook is ramping up its digital payments efforts with the formation of a new group within the company, called F2. David Marcus, co-creator of the Libra cryptocurrency project, will lead the group.
Facebook has announced that it's launching a new payment method called Facebook Pay, which aims to make it easier for users to make payments across different apps and services on Facebook.