Facebook has announced that it will make Facebook Pay available to online retailers using Shopify in August, expanding it beyond its current platforms.
A number of Facebook-owned platforms now support sending or exchanging money via Facebook Pay, but Facebook aims to broaden its availability starting next month. The social media giant recently declared that starting with Shopify shops, will make Facebook Pay available to US-based companies as a new payment option.
For activities like retail purchases, money sharing, and charitable donations, Facebook Pay offers a simple setup, quick checkout, and convenient access across numerous Facebook apps. It accepts credit or debit cards at the moment, with the inclusion of additional payment options in the future, and it says that neither buyers nor businesses will incur any extra charges.
Facebook further claims that only necessary consumer information, such as shipping and order details, is shared with businesses and that each transaction is encrypted for protection and privacy.
Facebook plans to “extend availability with new platforms and payment service providers over time” in addition to testing the waters with Shopify users.
There is no information available at this time regarding the platforms or service providers to which it will extend or the timing of this expansion. However, Facebook hints in the release that the extended rollout will vary depending on each service by using the word “participating platforms.”
Visit the official sign-up website if you’re interested in utilizing Facebook Pay for your own store in the future or if you have any concerns about how to use the service for a business.
