Meta Pay will be the new name of Facebook Pay for users around the world. In June of this year, Meta began to change its name in the US. Users in nearly 200 countries will see a new look for Meta. Current product features and the overall user experience will not change as a result of the change to Meta Pay.

The first step in creating a digital wallet for the metaverse will be the name of the service. Users will be able to securely manage their identities, what they own and how they pay with his vision for a digital wallet.

There will be a lot of digital items you might want to create or buy in the future. If you want to take some of these items with you, you'll need proof of ownership. You should be able to sign into any metaverse experience and everything you have purchased should be right there.

People use Meta's platforms to make payments in 160 countries and 55 currencies, including person to person, business to business and business to consumer payments.

Facebook changed its corporate branding to Meta in October to better represent its core ambition of building the metaverse.

Facebook Pay rebrands to Meta Pay as Zuckerberg details plans to create a digital wallet for the metaverse