Facebook Pay expands to e-commerce retailers

Facebook’s payment system is to extend to online businesses next month.

Facebook Pay is currently used across the company’s apps and services to send money, shop, and donate.

For the first time, the company is extending the system beyond its own platforms to e-commerce retailers.

Starting this August, businesses in the US who use participating platforms will have the ability to enable Facebook Pay as a payment option directly on their websites.

Facebook is starting the rollout with Shopify merchants and will expand availability with other companies and payment services providers over time.

The company said that when using Facebook Pay, payment details are encrypted and securely stored, “eliminating the need for businesses to manage customers’ card or bank account numbers.”

Facebook also assured users that the card and bank account numbers people provide on Facebook Pay will not be used to personalise their experience or inform the adds they see.

“And, people’s activity, like payments or purchases will not be shared with their friends or to their profile or feed, unless they choose to share it themselves,” the company said in an announcement.

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