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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. ....

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