Meta Pay will become a wallet for the metaverse

New ad from Mark Zuckerberg. Meta Pay – the old Facebook Pay service – will be “a wallet for the metaverse that allows you to securely manage your identity, what you own and how you pay“. The announcement was made by the CEO of the company himself, who through a Facebook post provides all the useful information on the new product.

Meta Pay: Zuckerberg announces the news of the service

Meta Pay is “the same simple way to shop, send money and donate to causes you care about on Facebook, Instagram, WhatsApp, Messenger“. But now, apparently, it will have its own specific function in the metaverse, becoming the wallet that users will use to purchase items in virtual reality. “In the future, there will be all kinds of digital items that you may want to create or purchase: digital clothing, art, video, music, experiences, virtual events and more. Proof of ownership will be important, especially if you want to take some of these items with you to different services – says Zuckerberg -. Ideally, you should be able to access any metaverse experience and everything you’ve purchased should be right there. “

“There is still a long way to go to get there, but this kind of interoperability will offer much better experiences for people and more opportunities for creators. The more places you can easily use your digital assets, the more you will enjoy them, and this will create a larger market for creators. We can’t wait to build it “. Thus the CEO of the company presented Meta Pay, a service that will represent yet another revenue opportunity for the creators of the metaverse. At this point, we just have to try to use it as soon as possible.