In-app payment method has become an important feature for Facebook-owned properties. Instead, the native payments feature will allow users to purchase stuff without having to leave the app.
Keep one thing in mind though, this feature is in the process of being rolled out to everyone as we speak.
Instagram has quietly started to introduce in-app payments. Now, with the new feature, users can simply select what they want and make a payment from within the app. After all, Instagram and Facebook do heavily rely on the feature and it makes sense that it caters to a wider audience as well. Brands can easily advertise products and the ease of placing an order with pre-set payment facility will help to boost up impulse sales via Instagram.
If the native payments feature works out well, Instagram can turn into a major player in online retail. First reported by TechCrunch and later confirmed by CNBC, the payments feature is now live for some users in the United States and UK. However, the update suggests the feature should not be too far away, and may be enabled in the next few months.
The unemployment rate dropped to 3.9 percent. Here's what that means
Still, the Fed signaled on Wednesday that it won't be overly concerned if inflation rises a bit above 2% for a few months. Economists interpreted symmetric to mean policymakers would not be too anxious with inflation overshooting the target .
According to reports, the Instagram payments feature is visible to only select users in the U.S. and United Kingdom now.
To use the payments feature, Instagram users can head to the Settings option in the app and add their card details.
If you use Instagram, you must be well aware that the service doesn't allow links in the caption.
The photo and video sharing platform, which in November celebrated reaching 25 million listed business profiles, outlined its plans to "continue evolving business profiles" in March 2017 by rolling out the ability for users to book a service directly from a business' profile.
Netanyahu blasts Abbas for making "anti-Semitism" remarks on Holocaust
And how irresponsible for Abbas - a world leader of sorts - to spew such low-level, garden variety anti-Semitic canards. Meanwhile, Israeli PM Netanyahu and the US Ambassador to Israel have condemned Abbas for this antisemitic speech.
Initially, Instagram just getting the payment option, unlike the Whatsapp which have a larger platform. What remains to be seen, is if Instagram will also introduce peer-to-peer payments similar to Messenger in the future.
In the days to come, Instagram will reportedly bring payments feature for booking movie tickets.
In 2016, Instagram began testing "Shoppable Tags" that allow its users to shop products tagged by businesses in a post with the "Tap to view products" button.
Oil steady; surprise U.S. crude build seen focused on West Coast
OPEC members have indicated they will not increase output before the end of the year, which will tighten the market further. However, analysts expect rising demand from Asia, led by China, to absorb part of the increase in USA supply.