Facebook Pay plans to launch personalised QR codes for P2P payments

Tuesday 6 April 2021 11:58 CET | News

Facebook Pay has planned to expand its business by rolling out person-to-person payments via QR codes, allowing users to scan a friend or family member's QR code, and instantly transfer money.

According to MacRumors, at launch, Facebook Pay had already supported person-to-person payments via Messenger and the Facebook app, and now the social media giant is hoping to target physical person-to-person payments.

Therefore, users will be offered a new 'Scan' button in their Facebook Pay carousel. By pressing it, users are enabled to scan a QR code for a friend or family member, select the amount, and transfer the money. Additionally, Facebook Pay is also introducing personalised payment links that automatically direct others to a secure page to transfer money to the user's account.

However, according to sources, the QR code feature of Facebook Pay is still in testing for users in the US and has yet to be officially launched, MacRumors reported.

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Keywords: Facebook, P2P, QR code, mobile payments
Categories: Payments & Commerce
Countries: World
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