It’s no news that social media platforms enjoy being at each other’s throats. But then again, isn’t imitation the more sincere form of flattery?
Inspired by Venmo, Facebook (FB) confirmed it’s testing a new payment feature via QR codes connected to Facebook Pay. The system, which is currently being tested in the US, makes it easier for FB users to send or request money from each other by simply scanning a QR code with their smartphone’s camera.
Meanwhile, Clubhouse (who must have also seen the FinTech light) has developed a feature called Clubhouse Payments. This allows users to send money to their favorite content creators who have the feature enabled (it’s worth noting that Clubhouse is not taking any cuts from the payments). You may as well tip all those influencers helping you get through the pandemic, right?