SOURCE / ECONOMY Facebook’s latest QR code payment tool is too late By Chi Jingyi Published: Apr 07, 2021 08:18 PM A giant digital sign is seen at Facebook's corporate headquarters campus in Menlo Park, California, on October 23, 2019. Photo: AFP Facebook confirmed that it is testing a new Venmo-like QR code for person-to-person payments in the US, media reports said on Tuesday. However, analysts are mostly pessimistic about Facebook's mobile payment trial, as it is a latecomer in the US market, and the US market lacks sufficient mobile connections. The new feature of Facebook Pay allows users to scan a friend's QR code using their smartphone's camera to send or request payments, while the function Shared Payment Links allows users to send payment addresses outside Facebook.