With digital payments picking up pace across the globe, social media giant Facebook is extending its payment services to online retailers.
Shopify has become the first e-commerce platform to sign up for Facebook Pay. This will allow Shopify merchants to offer Facebook Pay as a payment option during checkout, eliminating the need to re-enter payment information for every transaction.
Prior to this, Facebook Pay, which was launched in 2019, was available for its main platform, as well as WhatsApp and Instagram.
The feature will be expanded across more platforms in the US starting this August.
The development comes not long after Facebook’s Libra cryptocurrency project went belly up.
Moreover, the global digital payments scene heating up with the likes of