Social media platform Meta has launched its digital wallet “Novi’ for Metaverse, Chief Executive Officer (CEO) Mark Zuckerberg announced said on his Facebook post.  

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‘Novi’ has zero fees for international remittances and users of the wallet will be able to send money faster than other applications, Zuckerberg claimed in this post. 

The CEO also informed about replacing Facebook Pay with Meta Pay.  

"Introducing Meta Pay and a digital wallet for the Metaverse. Today we're taking the first step by changing Facebook Pay to become Meta Pay,” said Zuckerberg in the post.

He added that erstwhile service of Facebook pay would be the same and users will be able to do shopping, send money and even donate easily for causes they care about on Facebook, Instagram, WhatsApp, Messenger and anywhere else they could use Facebook pay.

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