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January 31, 2023

On the wires

November 18, 2022

On the wires

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

Reuters

“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. “The ultimate goal here is to make it so you can find, message and buy from a business all in the same WhatsApp chat,” Chief Executive Mark Zuckerberg said in a video shown at a WhatsApp summit in Sao Paolo.”

October 25, 2022

On the web

JPMorgan Chase Merchants Can Now Receive Payments Through Meta Pay

Reuters

JPMorgan Chase & Co’s network of merchants will now be able to offer customers an option to make payments through Meta Pay, a top company executive at Meta Platforms Inc (META.O) said on Tuesday.

“Now people will be able to use Meta Pay as an easy, secure way to pay in even more places while shopping online,” Stephane Kasriel, who leads commerce, fintech and Web3 at Meta Platforms said in a tweet. In 2019, Facebook Pay, renamed as Meta Pay in June, was launched as a unified payments service through which users across Meta’s platforms including WhatsApp and Instagram can make payments without exiting the app.

September 29, 2022

On the web

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

TechCrunch

“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 that the change to Meta Pay is a brand name change only, and that current product features and the overall user experience will remain the same. Meta CEO Mark Zuckerberg previously noted that although the service will remain the same, the rename represents Meta’s first step toward creating a digital wallet for the metaverse. He said his vision for a digital wallet in the metaverse will let users securely manage their identities, what they own and how they pay.”

July 27, 2022

On the web

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

Fintech Schweiz Digital Finance News - FintechNewsCH

“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 US, before being extended globally, Stephane Kasriel, head of commerce and fintech at Meta Platforms, wrote in a blog post. Meta Pay will be the same as Facebook Pay, he said, allowing users to add and manage their payment methods, make payments and purchases, and send money across all of Meta’s platforms and third parties supporting the digital wallet, view payment history, and update their settings in one place.”

July 18, 2022

On the web

Instagram Will Allow Users to Shop Directly in Chats

The Globe and Mail

“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 track the order and ask the business any follow-up questions in that same chat thread. The feature furthers Meta’s push to expand its e-commerce offerings.”

June 29, 2022

On the web

Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet

Bitcoin.com

“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 and services using digital identities in the metaverse.”

June 23, 2022

On the web

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

The Verge

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 on something that will let users manage their identities, items, and payment methods while making their way through the digital world that Meta bets will be the future.

May 19, 2022

On the web

Meta Files “Meta Pay” Trademark Applications Hinting at Cryptocurrency Services

CryptoPotato

“Meta Platforms Inc. – the owner of the Meta (formerly Facebook) brand – filed for five trademark applications on Friday under the name of “Meta Pay”. They appear to be dedicated to a new digital payments platform that will integrate various cryptocurrency and blockchain-related products. According to the applications filed on May 13th, Meta Pay is described as an “online social investment network.” It will allow users to conduct trades using digital currencies, blockchain assets, and crypto tokens, while providing user authentication and identity validation services.”