Facebook launches new payment service



Facebook has launched a new payments system that will work across its app ecosystem - Facebook, Messenger, Instagram and WhatsApp.


Appropriately named Facebook Pay, it will begin rolling out on Facebook and Messenger this week in the US for fundraisers, in-game purchases, event tickets, person-to-person payments on Messenger and purchases from select Pages and businesses on Facebook Marketplace.

"Over time, we plan to bring Facebook Pay to more people and places, including for use across Instagram and WhatsApp," Deborah Liu, Vice President, Marketplace and Commerce at Facebook, said in a statement late Tuesday.

Facebook Pay supports most major credit and debit cards as well as PayPal.

The social media giant said Facebook Pay is built on existing financial infrastructure and partnerships, and is separate from the Calibra wallet which will run on the Libra network, the company's digital currency.

You can start using Facebook Pay on Facebook or Messenger with just a few taps.

Go to "Settings," then "Facebook Pay" on the Facebook app or website, add a payment method and the next time you make a payment, use Facebook Pay.

Once Facebook Pay is available on WhatsApp and Instagram, you'll be able to set it up directly within each app.

Facebook said it has processed more than $2 billion in donations alone since it launched first fundraising tools in 2015.

"With Facebook Pay, we're continuing to invest in security. We designed Facebook Pay to securely store and encrypt your card and bank account numbers, perform anti-fraud monitoring on our systems to detect unauthorized activity and provide notifications for account activity,a said Liu.


The users can add a PIN or use device biometrics, such as touch or face ID recognition, for an extra layer of security when sending money or making a payment.


Tourist eaten by shark while on holiday


A British tourist was believed to have been eaten by a shark during a luxury trip to celebrate his wife's 40th birthday while swimming in what was deemed a "safe" lagoon, it was reported on Friday.


The victim, identified as civil servant Richard Martyn Turner, from Edinburgh, was snorkelling by himself in waters off the Reunion Island, a French department in the Indian Ocean, where four sharks were later caught, The Daily Mail reported citing Scottish media reports as saying.

The 44-year-old's death was confirmed by judicial sources days after his severed hand and forearm were found in the stomach of a tiger shark, which was at least 13-ft long.

His wife identified his remains through his wedding ring.

Meanwhile, DNA tests were also being carried out on the other remains found inside the tiger shark to confirm that they belong to Turner.

The other three sharks will also have their stomach contents examined, The Daily Mail said.

Turner vanished on November 2 while snorkelling in Hermitage Lagoon, off the coast of the Reunion.

Despite four sharks being killed near near to where he went missing, the lagoon was described by locals as "safe" for swimmers.

The Hermitage Lagoon is known for its calm, shallow waters of less than 6ft and its dense coral reef, which serves as a barrier that helps keep sharks out.

The UK Foreign Office is yet to comment on the incident.