Facebook starts pilot of Novi payments service in US, Guatemala

Wednesday 20 October 2021 | 10:21 CET | News
Facebook announced the start of a small pilot of its Novi payments services, starting in the US and Guatemala. The digital wallet allows users to send and receive money instantly, securely, and with no fees, the head of Facebook Financial, David Marcus announced. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: Facebook
Countries: Guatemala / United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Facebook adopts new company name Meta

Published 29 Oct 2021 08:31 CET | World
Facebook CEO Mark Zuckerberg announced at the company's Connect 2021 that the new name of the company is 'Meta'. The name brings ...

US consumer regulator investigates digital payment systems

Published 22 Oct 2021 12:23 CET | United States
The Consumer Financial Protection Bureau (CFPB) in the US announced it's looking into digital payment services run by the large ...

Facebook says Novi electronic wallet 'ready to come to market'

Published 19 Aug 2021 14:58 CET | World
Facebook's proposed electronic wallet Novi is "ready to come to market", according to David Marcus, the company's head of ...