Zuckerberg creates Metaverse wallet! Facebook Pay is renamed Meta Pay!

It is learned that on June 22, Meta CEO Mark Zuckerberg announced this week that Facebook Pay will be renamed Meta Pay. The renamed Facebook Pay will maintain the same functions and user experience in Facebook, Instagram, WhatsApp and Messenger. This change is being launched in the United States and will then be launched globally over time.

Zuckerberg said that while the service will remain the same, the renaming represents the first step in Meta's efforts to create a digital wallet for the Metaverse. Zuckerberg's vision for a digital wallet in the virtual world will allow users to securely manage who they are, what they own, and how they pay.

With Meta Pay, people will be able to add their preferred payment methods and view payment history, manage payment methods and update settings all in one place, and get 24/7 customer service via email.

Meta Pay will securely store and encrypt the user's payment card number, perform anti-fraud monitoring on its system to detect unauthorized operations, and notify the user in a timely manner if an abnormal operation occurs. Users can also create a Meta Pay PIN or use their device's facial or fingerprint recognition to pay for increased payment security.

If you have set up Facebook Pay before, you don't need to take any steps to start using Meta Pay. All existing Facebook Pay information in Meta Pay, including account details, personal payment methods, and settings, will remain unchanged. For new users, you must go to payment settings and enter your payment method and account information. Meta Pay supports most major credit and debit cards as well as PayPal and Shop Pay.

Meta's payment service, which has been online since 2009, supports users to make payments in 55 currencies in 160 countries and regions, including person-to-person, business-to-business and business-to-consumer.

It is learned that Facebook changed its corporate brand to Meta in October to build the grand goal of the Metaverse. Since then, Meta has begun to rename its products to match the new corporate brand. For example, Oculus Quest was changed to Meta Quest, and Facebook Portal was also changed to Meta Portal.

Editor ✎Estella/

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