Facebook Inc is consolidating its various payments features into a single product with a new name, with plans to roll it out across all of the company’s apps.
Facebook Pay is a rebranding of a number of existing payment features into one user experience across the social network’s apps, the company said on Nov 12. You can already make payments in the form of donations and in-app purchases inside various Facebook-owned products, and soon you’ll be able to do that across Facebook’s apps through one system that will store user credit and debit cards.