Facebook dips toes in P2P payments

first_imgby: Brian DayWorldwide more than 500 million people use Facebook Messenger, an instant messaging service and software app. Facebook recently announced Messenger users now have the option of using the app to make person-to-person (P2P) payments. Messenger Pay will allow individuals to connect a debit card (only MasterCard or Visa debit cards issued from a U.S. financial institution) to the app and tap a “$” button to send friends money via iOS, Android and desktop. Credit cards, prepaid debit cards and PayPal aren’t supported at this time.The social media giant has experience in payments, as it processes more than 1 million payments daily through ads and games platforms. The network has experimented with e-commerce in the past, through the use of a “buy” button for purchasing items directly on its site. Regarding Messenger Pay security questions, Facebook reports payment information and transactions will be encrypted, and Messenger Pay will receive additional anti-fraud monitoring and control. continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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India’s coronavirus death toll exceeds 100,000

first_imgThe country surpassed the threshold after logging 1,069 new deaths from COVID-19, the disease caused by the virus, over a 24-hour period, according to the Ministry of Health and Family Welfare.The ministry also reported 79,476 new cases on Saturday, taking the country’s total to 6,473,544.The United States leads the world with over 7 million confirmed cases and more than 200,000 deaths, according to the World Health Organization.Brazil has reported 4.8 million virus cases with around 144,000 deaths.Topics : India said Saturday the death toll from the novel coronavirus has exceeded 100,000, becoming only the third country in the world after the United States and Brazil to surpass this figure.The South Asian country reported earlier this week that its novel coronavirus cases had surpassed 6 million, only the second country to do so after the United States.With 100,842 confirmed deaths, India’s death toll accounts for roughly 10 percent of the global total.last_img read more

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