What is Facebook pay and How to Avail of it

Posted by jackie dcruz on June 4th, 2021

 

 

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Facebook recently made official the arrival of its internal payment system : Facebook Pay . This system will be available for all applications and social networks that are part of the large Zuckerberg family. Therefore, not only on Facebook , but also on Messenger , Instagram and Whatsapp , users will be able to make payments and send money to their contacts without leaving the app. But how does it work and how can you use the service? Let's find out together! But before starting the topic, we will suggest you to Buy Facebook Followers Australia for your profile or page to get better marketing results.

How does Facebook Pay work?

First, it is important to know that this service is already active but is currently only available in the United States . It is therefore not a hypothetical project but something that already exists and will soon be available all over the world.

To use it, simply download the Facebook Pay app and configure it, by entering a preferred payment method that will be used for purchases made through the company's apps. In this way the user will not have to enter their payment details every time because they will be ready and stored on the device. In addition, the system allows you to keep track of the payment history to allow the user to check and manage expenses in one place.

Facebook Pay preview

What will happen to the data? Will this system provide the user with a certain degree of safety?

Payment data security with Facebook Pay

From Menlo Park we are keen to clarify that: " We have 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 the account activity ".

Furthermore, to increase the level of security , the user can enter a Pin or use their biometric data (physiological and behavioral characteristics of a person and allow their unique identification), to authorize each payment.

What can be done with Facebook Pay?

With Facebook Pay it is possible to make easier some mechanisms that up to now required the use of several systems and that distanced users from the decisive step, the purchase .

The user can:

Choose a default payment method to use for your online purchases within the group's apps, without having to re-enter your payment information each time.

Decide on which apps to install Facebook Pay. In fact, the system will not be automatically installed on all apps but only on those chosen by the user.

View your payment history , manage methods and change settings anytime, in one place.

Get assistance in real time thanks to live chats.

What is the difference between Facebook Pay and Facebook Libra?

These are two very different systems. Facebook Libra is a cryptocurrency that is likely to start being available starting in 2020 and aims to revolutionize financial transactions and payments around the world. Facebook Pay is a service that aims to simplify payments in apps, by connecting to credit cards or PayPal, and keeping users within a single app.

We just have to wait until this system is also available in Italy to discover all its features!