Payments News

On The Web

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Companies

Meta’s Rebranding of Facebook Pay to Meta Pay is Rolling Out Globally

“Facebook Pay is officially being renamed Meta Pay for users around the world, the company announced on Wednesday. Meta kicked off the rebrand in the United States in June, and is now making the change globally. Starting today, users will see the rebrand roll out across Meta’s products in nearly 200 countries. The company notes […]
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Companies

Facebook Pay Rebrands to Meta Pay to Align with Broader Metaverse Ambitions

“Facebook’s parent company Meta has rebranded its online payments service to Meta Pay, bringing the firm’s payments offering closer to its broader rebrand and aligning it with its grand ambition to building the ultimate metaverse. On June 23, 2022, Facebook Pay officially became Meta Pay, a change that is first being rolled out in the […]
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Companies

Instagram Will Allow Users to Shop Directly in Chats

“Instagram is getting a payment feature that will allow users to buy from small businesses through direct messages, parent company Meta Platforms Inc said on Monday. Users of the photo-sharing app need to message the business, add customizations if required and place the order in the chat, Meta said. They will also be able to […]
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Companies

Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet

“Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods […]
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Companies

Zuckerberg Details His Plan to Move Your Digital Items Across the Metaverse

Mark Zuckerberg announced on Wednesday that Facebook Pay has officially become Meta Pay, but his post is mainly focused on what the company hopes to build in the future — “a wallet for the metaverse.” While Meta Pay is essentially the same tool as it was before, just with Meta branding, Zuckerberg says the company is working […]
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On The Wires

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Companies

Meta’s WhatsApp Makes Brazil a Key Test Market for Business Messaging

“Meta Platforms said on Thursday its WhatsApp messaging service will introduce a commercial directory and test a payments tool in Brazil, as it bets on business messaging as a potential fresh source of revenue. Brazil, one of the app’s biggest markets, will be the first country to see the new tools deployed outside pilot programmes. […]