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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Facebook just announced the launch of a new payments feature a couple of days ago in the US—Facebook Pay.
It’s essentially a rebranding and consolidation of existing in-app payments on Facebook and Instagram (for shopping, donations, etc.) and a peer-to-peer transfer option in Messenger. To begin with, Facebook Pay will let users send and receive money, and also pay for things, on Facebook and Messenger in the US, with more countries to come eventually, and an integration across Facebook’s entire portfolio of apps, including Instagram and WhatsApp.
This is interesting for two reasons.
First, everybody wants to get into digital …
