Meta Platforms Inc. (formerly Facebook) has filed five trademark applications for “Meta Pay.” These documents cover a wide range of cryptocurrency services. The company is rebranding Facebook Pay as 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 explained on Twitter on Wednesday that, in his view, Meta’s filing indicates that the company is planning to launch a payment platform called Meta Pay, which would allow users to exchange regular fiat currencies for cryptocurrencies.
Meta’s head of fintech, Stephane Kasriel, explained last week that the company is “investing more” in its existing payments experience, noting that it has been paying since 2009.
“Today, people and businesses use our platform to make payments in 160 countries and 55 currencies,” Kasriel wrote, detailing:
The experience people see today is Facebook Pay, but we’ll be bringing it closer to the Meta brand soon by renaming it to Meta Pay.
In March, Meta filed Eight trademark applications Its logo covers the metaverse as well as a wide range of cryptocurrency services.
What do you think of Meta filing a trademark application for Meta Pay? Let us know in the comments section below.
Image Source: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for reference only. It is not a direct offer or an invitation to buy or sell, nor is it a recommendation or endorsement of any product, service or company. Bitcoin Network Does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned herein.