After Messenger and Whatsapp, Facebook spotted testing Instagram payments feature to take on rival Snapchat
07 May, 2018, 15:02
Instagram also claims that since the payment details are already stored in the new application, online shoppers can get a seamless experience and view the record history of the number of purchases made by them via the new tool.
A sample of businesses in the United Kingdom and the USA are now accepting in-app payments for services, such as booking restaurant tables or taking hair appointments, without needing users to leave the app.
'We plan to continue evolving Instagram business profiles. It's unclear if peer-to-peer payments might come to Instagram, but having a way to add a credit or debit card on file is a critical building block to that feature.
Select users of the social media site have begun to notice the addition of a payment button to the app's existing booking feature.
Unlike the Messenger and WhatsApp payments feature, the Instagram feature isn't about peer-to-peer payments.
Keep one thing in mind though, this feature is in the process of being rolled out to everyone as we speak.
Instagram: Is the Payments Feature the First Step Towards Native Commerce?
To enable the update, Instagram users must have a business profile, sell physical goods and have a product catalogue through Facebook or an integrated partner. They will also be able to make the payment for the booked table via Instagram. Insta Payments feature will just let users shop directly from the brands' profile.
WhatsApp has been growing ever since, with billions of users on the platform; one could imagine how much revenue could be generated by showing some ads to its users.
While Instagram has started testing its payments feature only now, rival Snapchat had started testing something very similar in February this year. Now at F8 Developer Conference, Facebook CEO, Mark Zuckerberg has acknowledged the departure of the Koum.
"As 800 million use Instagram each month to discover and follow their passions, more and more people are using it to connect with businesses they love", Instagramsaid in a blog post celebrating reaching 25 million listed business previous year.
If Instagram brings this in a full-fledged manner for all its users, this will change the buying patterns of a lot of young users.
In March, a woman, Elain Herzberg, was fatally hit by an Uber vehicle that was in autonomous mode in Tempe. Both the Waymo self-driving vehicle and the Honda sedan had to be towed from the scene of the accident.
More than a hundred people were killed in northern Indian after fierce dust storms lashed several densely populated areas. The falling trees and electric poles caused the maximum accidents, leaving nearly 100 people injured, Yadav said.
The Peace House at the DMZ was the venue for a meeting last month between Kim and South Korean President Moon Jae-in. South Korean aviation officials are still weighing the proposal, which was requested by North Korea in February.
The SEC is now filing a subpoena enforcement action against Jay-Z for testimony to inquire about his joint venture with Iconix. When Carter struck the deal with Iconix , Rocawear was bringing in more than $700 million in revenue a year.
He and Tony Gonzalez are the only National Football League tight ends with at least 1,000 catches and 10,000 yards. He ranks fourth in receptions all time behind only Jerry Rice, Tony Gonzalez and Larry Fitzgerald .
Authorities also ordered an evacuation of Lanipuna Gardens, a smaller, more rural subdivision directly to the east. It's in Hawaii Volcanoes National Park , which closed Friday and evacuated all visitors and nonemergency staff.
Areas near Falls City in southeast Nebraska and most of Northwest Missouri stand the greatest chance of severe storms. The timing of the storms arriving in the Tulsa area remains uncertain, forecasters said, but said in a 3 p.m.
Celebrities and everyday people took to social media to address these comments through memes, justification, for frustration. The former "Watch the Throne" tourmates haven't seen one another since their falling out but Kanye said they are "good now".
Turkey's two largest opposition parties will today announce their candidates for the historic June 24 presidential election. Ince stated that he would take the country back to the parliamentary system if he gets elected as president.
The freakish call yielded scathing comments from analysts and at least three brokerages cut price targets on the stock. On Thursday, Sacconaghi sharply criticised Musk on CNBC: "This is a financial analyst call, this is not a TED talk".
Cambridge Analytica sought information on Facebook to build psychological profiles on a large portion of the USA electorate. Wednesday's news release announcing the decision lists only Cambridge Analytica and SCL Elections, not the parent company.
Zidane Explains Why Real Won't Give Barca Guard Of Honour
Real Madrid and Liverpool both survived second leg scares to set the stage for a blockbuster Champions League final. In the final again after a insane game: "Yes, I think that whenever these teams play it will be a insane game".
The moment Mohamed Salah knew he had to leave Chelsea
We should see Bakayoko starting, together with Olivier Giroud , in a mission to exploit Liverpool's defensive fragilities. Even so, Conte remains focused on getting Chelsea back into the top four after a run of three successive league wins.
UAE to face Bahrain in 2019 Asian Cup opener
This is for the first time that an Indian footballer was asked to be associated with the draw ceremony for the Asian championship. The top two pots consist of teams who has progressed to the final round of the 2018 FIFA World Cup for AFC countries.
NEW Cinco de Mayo Celebrations Today
Cinco de Mayo is this weekend, and several communities are celebrating through a festival with lots of good food and live music. Cinco de Mayo is not Mexico's independence day from Spain, which occurred in 1810 and is celebrated on September 16.
The Boy Scouts Change Their Name After 108 Years
Boy Scouts of America says it wants to create equal opportunities , but Woodings says they're already there. The Boy Scouts of America have announced a new name for the iconic Boy Scouts program: Scouts BSA .
Local Elections:Tories lose control of Trafford
Warwickshire County Council leader, Izzi Seccombe. "The Tories are in retreat and have held on by their fingernails". With more than half of the results declared, Labour were one council down with the Tories unchanged overall.
Salah Wins Writers' Footballer of the Year Award
Liverpool are "lucky" to be reaping the rewards of a matured Mohamed Salah at Anfield, according to manager Jurgen Klopp . You know you've hit the big-time when you've got your own doppelganger and Mo Salah now has his own back home in Egypt .
Amazon offers to buy 60 percent in Flipkart
As a part of the deal, Flipkart has bought back over 1.8 million shares worth more than $350 million from minority investors. Amazon , on its own, has committed investments to the tune of Dollars 5 billion for its operations in India.