Exchanging money on several platforms, including Facebook & Messenger

WASHINGTON: Forget Facebook's crypto currency Libra as Facebook has now begun an experiment to collect and exchange money on its platforms in the US. After that, the facility will also be available on Messenger, WhatsApp and Instagram. Facebook is trying to do something new and something great which will help global users.

Facebook has announced that it will provide the facility in the United States, so that consumers will be able to sell different products from Facebook, Instagram, WhatsApp and Messenger. It will become very easy for vendors to collect payment from their users.Facebook formally stated its details:

You have to first choose a payment method that has to be done only once. Then, wherever possible, collection and payment can be made through Facebook Pay. There will be no need to enter your information again and again. Once you entered your information it will be stored on the server and you can manage all the things via the app.

Connect Facebook Pay from one app to another or use it on all platforms but the condition is that this feature should be available there. This means that after selecting Facebook Pay you will not be able to automatically access the entire app and you will have to select it yourself.

Real-time chat service is also being provided for customer support in the US and will be released in other countries where this status will be provided in the future. US consumers have stated that it can be linked to a PayPal or debit card. You can then use a PIN code or open a payment option through the fee ID. Facebook engineers have used new technology for this. Yeah its amazing na?

In the start users will be able to purchase the game on Facebook Pay. Can offered to collect donations, buy tickets and exchange money from one person to another on the Internet. Now this option can also be used for business on Facebook Marketplace. In the next step, these options will be expanded to Instagram and WhatsApp.

Money is being exchanged in India and Indonesia thanks to the WhatsApp. Comment your thoughts below and tell us are you waiting for FACEBOOK PAY? Don't forget to share it with your friends and relatives.