When people were crying out for alternative payment processors online, one launched by one of the world's largest tech monopolies probably wasn't what they had in mind.
But Facebook has today launched a new payment system called Facebook Pay.
The system is available across the entire Facebook family - Facebook, Messenger, Instagram, and WhatsApp, and the idea is to help process payments across Facebook’s social platforms and apps.
Similar to Cash App and Venmo, with Facebook Pay, users can send money to friends, shop for products, and even donate to fundraising schemes - something that Facebook has long been integrated with.
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