Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay”. The filing covers a wide range of crypto services. The company is changing the name of Facebook Pay to Meta Pay.
Trademark Application for Meta Pay
Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the United States Patent and Trademark Office (USPTO) last week.
Trademark attorney Josh Gerben tweeted Wednesday clarifying that, in his opinion, Meta’s applications indicate that the company plans to launch a payment platform called Meta Pay to allow users to exchange regular fiat money for cryptocurrencies. be able to exchange.
Meta’s head of fintech, Stefan Casarial, explained last week that the company is “investing more” in its existing payments experiences, noting that it has been in payments since 2009.
“Today, people and businesses use our platform to make payments in 160 countries and 55 currencies,” Kasriel elaborated:
The experience people see today is Facebook Pay, but we’ll soon be renaming the Meta brand closer to Meta Pay.
In March, Meta filed eight trademark applications for its logo covering the Metaverse as well as a wide range of cryptocurrency services.
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