Facebook Meta Pay: Digital Wallet ‘Facebook Pay’ renamed as ‘Meta Pay’, know what will change now

Facebook Meta Pay: Meta (formerly Facebook) on Wednesday renamed its digital payments platform Facebook Pay as Meta Pay and changed the name of Metaverse. A digital wallet has also been launched for This is the company’s big step towards making payments easier through Metaverse.

Announcing this, the company’s CEO Mark Zuckerberg wrote in a Facebook post that today the name of Facebook Pay Changing to meta. With this, you will be able to shop, transfer money as before. Also, you will be able to donate easily for the fund raising campaigns run on Facebook, Instagram, WhatsApp, Messenger. He said that we are also adding some new things to the old facilities. You will now have a wallet for Metaverse that will securely keep your identity, the information you are buying and how you pay, all confidential.  

What did Mark Zuckerberg say?

Zuckerberg further added that in the future there will be many types of digital items that you would like to make or buy such as Digital clothing, art, video, music and more. In this case, proof of ownership will be necessary. Metaverse Wallet will help you in this. You should be able to just sign in to Metaverse, then you’ll get everything you’ve bought in one place. This kind of interoperability will provide better experience for the people and huge opportunities for the creators. The more places you can easily use your digital goods, the more you value them, creating a bigger market for creators. 

Already named Announcement of Change

Let us tell you that, earlier in May, the company announced that Facebook Pay is also adopting Meta branding and will soon change its name to Meta Pay ( Meta Pay) will be done. Facebook launched its payment system in November 2019 to work across its app ecosystem- Facebook, Messenger, Instagram and WhatsApp and named it Facebook Pay.

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