Meta Unveils Metaverse Digital Wallet Meta Pay, Replacing Facebook Pay

Meta CEO Mark Zuckerberg has unveiled the company’s new digital wallet focused on the metaverse, Meta Pay, which will replace the current Facebook payment system, Facebook Pay.

Facebook Pay is a payment platform through which you can make payments on Facebook, WhatsApp, Instagram or Messenger services without having to leave these ‘apps’.

The company’s head of Commerce and Financial Technologies, Stephane Kasriel, announced in May that its current payment service would be renamed Meta Pay, without giving more details about this other platform.

What it did indicate then is that Meta was focused “on improving the payment experiences” of Facebook Pay and that it intended to improve the quality of the countries in which You can already use this service instead of expanding “to new countries”.

This Wednesday Zuckerberg has presented Meta Pay as “a digital wallet for the metaverse” through his personal Facebook account, where he has confirmed that this It will continue to offer the same features as its predecessor.

“It will remain the same easy way to shop, send money, and donate to causes people care about on Facebook, Instagram, WhatsApp, Messenger, and anywhere else Facebook Pay can be used,” he said.

With this, the manager has indicated that Meta is working on a novelty focused on the metaverse, a wallet that will allow secure identity management the money and the way it is paid with it.

“In the future there will be all kinds of digital objects that you will want to create or buy: digital clothing, art, videos, music, experiences virtual events and much more”, he underlined.

Likewise, he has assured that the company seeks to offer these possessions “in any experience of the metaverse”, so that users have at their disposal in one place everything that they have been acquiring in this digital environment.

Thanks to this interoperability Meta hopes to provide better experiences for users as well as greater opportunities for creators.

“The more places there are to easily use your digital products, the more you value them, which creates a larger market for creators. The easier the transaction, the greater the opportunities for these,” he stressed.

Finally, he has announced that from Meta they are “looking forward to developing this”, although he has not said more details about the point at which this process is.

By Editor