Mark Zuckerberg has announced that Meta is changing the name of Facebook Pay to Meta Pay. Meta Pay’s features and overall user experience from Facebook Pay will remain the same. This change will first roll out in the US and eventually globally over time.
In a blog post, the company adds that with Meta Pay, people will be able to add their preferred payment method once, then use Meta Pay, where available, to make payments and purchases across their technologies and while shopping elsewhere online. They can view payment history, manage payment methods and update their settings in one place, and get 24/7 customer care via email or chat, where available.
Meta informs that Meta Pay encrypts and securely stores the user’s payment card numbers, performs anti-fraud monitoring on its systems to detect unauthorised activity and notifies the user if that happens. One can also create a Meta Pay PIN or use their device’s face or fingerprint recognition to secure every payment.
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If one had previously set up Facebook Pay, no steps are needed to be taken to start using Meta Pay. All of one’s existing Facebook Pay information will remain the same in Meta Pay, including account details, one’s payment method and settings. For a newbie, one has to go to Payments settings, and enter the payment method and account information. Meta Pay supports most major credit and debit cards and PayPal and Shop Pay.