How Safe Is It To Use Facebook Pay

Facebook employs several safeguards to protect your money and financial information when you send money through its messenger app and the more recently launched facebook pay.

How safe is it to use facebook pay. It also takes care to store your financial information separately from your account data. Facebook pay is a seamless secure way to pay on the apps you already use. To set up the payments service on messenger and facebook app follow the steps below. Open your favorite app facebook instagram messenger or whatsapp add your payment information and you re good to go. Like the others.

Next time you make a payment on supported places you may use facebook pay. We use advanced technology to keep payment information secure. Anti fraud technology monitors purchases on our systems to detect unauthorized activity. Like apple pay get report google get report venmo and paypal the house that zuck built gives you a way to send money among your friends. In 2015 facebook got into the money transfer game.

Advanced data storage and encryption for payment card and bank account details. However as with any transaction where money is involved you should take steps to protect yourself from fraud and other problems. The social network s vehicle to pay people from within the messenger mobile app or on desktop. With facebook pay making payments is simple. How to set up facebook pay on facebook and messenger app.

Later when this is available on whatsapp and instagram you will be able to set it. But sharing information has lots of risks including your name which can be accessed by others and your profile can be viewed. Facebook pay is secure and protected with. You can set up facebook pay app by app or choose to set it up for use across all facebook apps individually. Facebook pay what it is.

All a user has to do is hit. Facebook is the fastest growing social networking site in the world today with up to 250 000 new users being added every day. Now add a payment method. Facebook hasn t revealed usage stats. Facebook pay users can also be shielded from annoying and unwanted ads and email messages from companies and organizations they transact with on the payment platform.