With Libra facing gale force type headwinds, Facebook have now announced Facebook Pay.

Facebook Pay will enable P2P payments between users in the Facebook ecosystem, Messenger, Instagram etc without leaving the actual apps & cutting out the banks in the process.

“The social network said the service would allow users to send money or make a payment with security options such as PIN or biometrics on their smartphones.”

“Facebook Pay will be available on Facebook and Messenger this week in the United States, the company said in a blog post.”

One to follow.

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