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Yesterday, social networking giant Facebook (NASDAQ: FB) introduced Facebook Pay, which allows users to make payments across all of its major platforms including Facebook, Messenger, WhatsApp, and Instagram. TheZaloguj lub Zarejestruj się aby zobaczyć!has been slowly integrating payment systems into its services for years, adding peer-to-peer (P2P) payments in Messenger back in 2015.
E-commerce is among Instagram's most promising opportunities, and Facebook added anZaloguj lub Zarejestruj się aby zobaczyć!feature to the popular photo- and video-sharing service earlier this year (purchase links previously redirected users to external sites).
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What you need to know about Facebook Pay
Facebook says it wants to provide a convenient, secure, and consistent payment experience across its services. In consolidating the payment infrastructure, users can enter payment credentials just once for use on any of the platforms without having to reenter the information. Users will have control over which apps tap into Facebook Pay, which will not be automatically turned on for all services.
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