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Meta Rebrands Facebook Pay to Meta Pay, Keeps in Line with Company Metaverse Goal

Meta Rebrands Facebook Pay to Meta Pay, Keeps in Line with Company Metaverse Goal #Meta #Rebrands #Facebook #Pay #Meta #Pay #Line #Company #Metaverse #Goal Welcome to JibGlobe, here is the new resources we have for you today:

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Meta Rebrands Facebook Pay to Meta Pay, Keeps in Line with Company Metaverse Goal

Facebook Pay has changed its name to Meta Pay, according to Mark Zuckerberg, chief executive of the parent company Meta Platforms (NASDAQ: META). The name change aligns the service with Meta’s ongoing metaverse-centric rebranding. In addition, Facebook Pay becoming Meta Pay also comes amid Zuckerberg’s detailed plans to create a digital wallet for the metaverse. The Meta Platform’s CEO’s announcement read in part:

“Today we’re taking the first step by changing Facebook Pay to become Meta Pay. It’ll stay the same easy way to shop, send money, and donate to causes you care about on Facebook, Instagram, WhatsApp, Messenger, and anywhere else you could use Facebook Pay.”

Furthermore, Zuckerberg also touched on the social media giant’s digital wallet vision, adding:

“But beyond the current features, we’re working on something new: a wallet for the metaverse that lets you securely manage your identity, what you own, and how you pay.”

Meta Pay to Retain Core Functionality of Outgoing Facebook Pay, But with Eye on The Future

The rebranded payment service still offers the same product features and overall user experience as Facebook Pay. In addition, this same mode of operation will also remain the same across affiliated platforms such as Instagram, WhatsApp, and Messenger. Meta Platforms says the change will initially be only available in the US, but will eventually launch globally over time. However, the company did not offer a specific timeline.

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