Facebook Pay launched; to be available on WhatsApp and Instagram later

Facebook has launched a new payments system that will work across its app ecosystem — Facebook, Messenger, Instagram and WhatsApp.

Appropriately named Facebook Pay, it will begin rolling out on Facebook and Messenger this week in the US for fundraisers, in-game purchases, event tickets, person-to-person payments on Messenger and purchases from select Pages and businesses on Facebook Marketplace.

“Over time, we plan to bring Facebook Pay to more people and places, including for use across Instagram and WhatsApp,” Deborah Liu, Vice President, Marketplace and Commerce at Facebook, said in a statement late Tuesday.