Facebook Pay’s Name Has Been Changed to Meta Pay!

Facebook Pay’s name was changed to Meta Pay. This change has incorporated Metaverse technologies into the existing features of Facebook Pay. The explanations about Meta Pay were made by Mark Zuckerberg himself.

Mark Zuckerberg made a remarkable post from his original Facebook account. Focusing on Metaverse technologies for a long time, Zuckerberg said that the payment method called “Facebook Pay” is now “Meta Share”. According to Zuckerberg, Meta Pay, Metaverse technologies It has also become a supporting wallet. This move is a new indication that Meta and the crypto money world will be intertwined.

This is exactly how Zuckerberg describes Meta Pay: Digital wallet developed for Metaverse. As a matter of fact, this definition is enough for us to understand Meta Pay. Users will be able to sell, receive and display all the content they have created for the digital world through Meta Pay. From music to virtual events, Mark Zuckerberg in everything It states that Meta Pay can be used.

Meta Pay will work with cryptocurrencies like NFT wallets

Meta Pay, which was originally released today Same as NFT and cryptocurrency wallets. Although it is not clear yet, the following periods will reveal that Meta Pay supports various cryptocurrencies. In this way, users will be offered a not bad experience at all. But while all this was going on your Facebook Pay It will retain its ability to be a means of payment. So real currencies will be part of Meta Pay.

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Here is Mark Zuckerberg’s post on Facebook:

Mark Zuckerberg

Today we are taking the first step of changing Facebook Pay to Meta Pay. Facebook Pay; It will remain the same to shop, send money and donate anywhere else you can use Facebook, Instagram, WhatsApp, Messenger and Facebook Pay. But beyond existing 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. Any digital product you might want to create or purchase in the future; digital apparel, art, video, music, experiences, virtual events and more. Ownership will be important especially if you want to take some of these items with you on different services. Ideally, you should be able to log into any metaverse experience and anything you buy should be right there. It’s a long way to go, but this kind of interoperability will open up much better experiences for people and greater opportunities for creators. So, the more places you can easily use your digital products, the more value you will place on them, which creates a larger market for content creators. The easier you can trade, the greater the opportunity for creators should be. We look forward to building this.

Source :
https://www.theverge.com/2022/6/22/23179058/mark-zuckerberg-meta-pay-wallet-metaverse-details


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