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Facebook sets up new payments division

Wednesday 12 August 2020 | 15:04 CET | News
Facebook set up a new division focusing on payments and commerce opportunities and headed by David Marcus who is already in charge of the company's Libra cryptocurrency project. The Facebook Financial division team will run all payments projects, including Facebook Pay, the payments feature the group plans to build inside all of its apps, Bloomberg reported.

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Categories: Mobile & Wireless
Companies: Facebook
Countries: World
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