SAN FRANCISCO: Facebook on Monday said it has created a new unit devoted to financial services to harmonise payment systems on its platform.
The Novi wallet — set to launch when Libra coins debut — promises to give Facebook opportunities to build financial services into its offerings, offer to expand its own commerce and let more small businesses buy ads on the social network. “We want to be able to give people the ability to make a payment however they choose — debit, credit or Libra digital currencies.”
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