Instagram quietly launches payments for commerce

Instagram

Similarly, this will be a huge boost to small business such as restaurants and cafe, those have been spending significantly on Instagram ads to get noticed.

TechCrunch reports that the feature allows a buyer to make payment directly to a seller within the Instagram platform, without having to leave for a separate website.

The Facebook-owned app has added a native payments feature, although it's now limited to only some Instagram users, according to TechCrunch.

As of now, the new payment settings are only provided to some users in the United States. Under your Profile tab, if native payments is available, you'll see the option to add a credit card or debit card from Visa, Mastercard, AMEX, or Discover.

The company confirmed the limited rollout, which could add a new revenue stream as Instagrammers shop and pay for salon appointments using linked payment cards without leaving the app.

Kannada stars Chiranjeevi Sarja and Meghana Raj tie the knot. See pics
Meghana's wedding attire was a shimmery white saree with a blue border, and she looked resplendent as a bride, we have to admit. Chiranjeevi, who is the nephew of Action King Arjun Sarja, had started his career with Vayuputra in 2009.

While Instagram had previously expressed interest in allowing users to book services with Instagram, this is the first time it's become apparent that this involved an actual payment - not just booking - system. In other words, businesses that use Resy can accept your in-app reservations and bookings using your stored payment method. It is believed that in future, Instagram users can expect direct payments for things like movie tickets through the app. Card added in profile will be made safe with a security pin.

Instagram has quietly launched native payments, though it appears to be limited to only some users at launch.

Shopping through Instagram could prove popular and give businesses a big new reason to advertise on the app, with its polished pictures and plethora of brands. After the native payment option, brands can see higher conversion rates.

Setting up your payment details in Instagram.

Do you shop from Instagram often?

Related News:

  • New Islamabad International Airport to inaugurate

    New Islamabad International Airport to inaugurate

    He said the government has not only started a number of development projects, but also completed the existing ones expeditiously. The airport has a modular design which enables it to handle 9 million passengers and 50,000 metric tons of cargo annually.
    Diego Costa Strikes Again As Arsenal Fall Asleep

    Diego Costa Strikes Again As Arsenal Fall Asleep

    Wenger, in his 250th UEFA game as a club coach, announced two weeks ago he was standing down after almost 22 years with the London team.

    Choose Right Moment for Investing in: Taiwan Semiconductor Manufacturing Company Limited (TSM)

    According to 2017Q4 SEC filling the Leon Shaulov decreased its stake in Taiwan Semiconductor Mfg Ltd (Put) ( TSM ) by 18.18%. Its down 0.57, from 2.26 in 2017Q3. 110.65 million shares or 1.73% less from 112.60 million shares in 2017Q3 were reported.
  • Analysts See $1.07 EPS for Herbalife Nutrition Ltd. (HLF)

    Analysts See $1.07 EPS for Herbalife Nutrition Ltd. (HLF)

    Several large investors have recently modified their holdings of HLF. 39 funds opened positions while 41 raised stakes. Waratah Limited owns 251,951 shares or 2.5% of their United States portfolio. 11,965 were reported by Utah Retirement.
    Lightning could push Bruins to the brink

    Lightning could push Bruins to the brink

    This is not created to pick on Heinen, either, because you could honestly make the case for scratching anybody on that third line. In nearly 18 minutes together this series, the Boston third line has been outshot 16-to-4, out-chanced 9-to-3, and outscored 1-0.
    Liverpool fans: Merseyside Police thank supporters for 'exceptional' behaviour

    Liverpool fans: Merseyside Police thank supporters for 'exceptional' behaviour

    The Roma striker appeared to be in an onside position when he burst through the Liverpool back line, played on by Virgil van Dijk. LIVERPOOL chairman Tom Werner has spoken of the joy of securing a "truly deserved" Champions League final place.
  • US Fed keeps interest rates unchanged as market expects

    US Fed keeps interest rates unchanged as market expects

    The survey-based consumer price index, a more widely watched inflation gauge, was up in April by 2.4% for the previous 12 months. United States jobs data on Friday should give further indications of the strength of the economy and inflationary pressures.
    Many older Americans have active sex lives, survey shows

    Many older Americans have active sex lives, survey shows

    The poll found 18 percent of men and 3 percent of women had used medications or supplements to improve sexual functioning. Although seniors were overall interested in sex, there were some noticeable differences when it came to gender.
    The US now has an ex-WWE wrestler Republican candidate

    The US now has an ex-WWE wrestler Republican candidate

    Glenn Jacobs , better known to WWE fans as Kane , appears to have won the Republican nomination for mayor in the area. Kane declared victory Tuesday night, but it was a VERY close race.it reportedly came within less than 20 votes.
  • HSBC begins John Flint era with 4% profit fall

    HSBC begins John Flint era with 4% profit fall

    Pre-tax profits at were 4% lower at $4.8bn despite a 6% increase in revenues to $13.7bn, as operating expenses surged by 13% to $9.4bn.
    Nokia 6.1 (2018) Arrives in US May 6, Priced at Just $269

    Nokia 6.1 (2018) Arrives in US May 6, Priced at Just $269

    Talking about the specs, the new Nokia X smartphone is expected to sport a 5.8-inch Full HD+ display with aspect ratio of 19:9. This device is also being touted as the " Nokia 6 2018 " due to its similar design to its predecessor.
    Lawmakers vote to convene in special Greitens' impeachment session

    Lawmakers vote to convene in special Greitens' impeachment session

    Greitens' trial for his first felony charge is set to begin May 14, before the start of a special session in the Statehouse. Missouri Governor Eric Greitens is facing the possibility of impeachment following charges filed against him.


Most liked

Public library plans super event for fans of comic books
In the Mahoning Valley, All American Cards and Comics, which has locations at 52 Boardman-Canfield Road in Boardman and at 161 W. Market St.in downtown Warren, plans to give away more than 2,000 comic books between 11 a.m. and 5 p.m.

These 'extreme Cut-Out Jeans' Are The Latest Weird Denim Trend
One person referenced a celebrity would take on the daring trend and the rest of the world would probably just follow suit. Users of the social media platform commented on the jeans, confused as to who would actually "dare to bare".

Amcu concerned over trapped Sibanye-Stillwater mineworkers
The issue of health and safety has always been a burning issue and Amcu is on record campaigning in this regard. It called for "more serious intervention" to take place at Sibanye Stillwater operations in South Africa.

Delhi University Clarifies Dyal Singh College (Evening) Name Hasn't Been Changed
Javadekar had yesterday said, "We had earlier also asked them (the university administration) to reconsider the move". In 2017, a similar controversy had erupted after various sections questioned the proposal of renaming the college.

Froome will not be stripped of Giro title should he win
Whether you jump on a stationary bike or hit the trails or pavement, cycling is a sport that can be enjoyed by people of all ages. In a surprise announcement, he then said he was going to participate in the Giro for the first time since 2010.

Singapore-Kuala Lumpur is world's busiest worldwide air route
New York LaGuardia to Toronto, Canada crept in at eighth place, followed by Dubai to Kuwait in the rich Gulf States. In a top-20 list dominated by Asia, the highest-ranking route outside the region ran between NY and Toronto.

Paladins Prepares to Leave Beta With Launch Celebration
Obviously, you can dive in and play before then, and Hi-Rez are making all 36 characters free to try until the 7th. There'll be a two-week launch celebration with up to $100 million being given away in in-game currency.

OR sex offender arrested in California days after motor home police chase
Officers didn't do that with Houk because of the children, who were unharmed and reunited with their mother, Rodriguez said. Stephen Houk, 46, was arrested Thursday after leading police on an hours-long chase in his motor home earlier in the week.

Take-Two Interactive (TTWO) Upgraded to Buy at ValuEngine
Great West Life Assurance Can accumulated 0.03% or 102,054 shares. 26,929 were accumulated by Force Management Limited Co. Finally, Bank of Montreal Can increased its position in shares of Take-Two Interactive by 0.7% during the 4th quarter.

Can This Stock Price Climb The Ladder: Costco Wholesale Corporation (NASDAQ:COST)?
Zooming in closer, company stock has been -0.24% for the quarter, 4.04% over the past month, and -1.15% over the past week. The stock of Costco Wholesale Corporation (NASDAQ:COST) has "Buy" rating given on Tuesday, December 5 by Raymond James.

Map: Here's how warm it will get - and when it will rain
New rainfall amounts between a tenth and quarter of an inch, except higher amounts possible in thunderstorms. But the showers and thunderstorms are possible again on Friday and temperatures will hover in the 80s.

PGA Wells Fargo Championship Predictions 5/2/18 Who Will Win?
Committing to several events through sponsor exemptions, Niemann qualified for this week's event through his debut Top10 finish. He has won the Wells Fargo Championship here twice, setting a tournament record with a dominating seven-shot win in 2015.

Red Bull drivers forced to apologize to entire team after 'unacceptable' crash
He said he felt he had a strong auto for Sunday's race, but feared that his main rivals may be faster in Saturday's qualifying session.

North Korea 'moves United States prisoners to hotel' ahead of imminent release
Wang said China is willing to work with North Korea to boost "practical economic and trade cooperation". He had been teaching accounting at the Pyongyang University of Science and Technology known as PUST.

Fire breaks out at ISRO
Speaking on when the fire started, the official said, "Smoke was noticed to be billowing from the building during lunch hours". Additional Chief Fire Officer Rajesh Bhatt and other AFES Official rushed to the spot after being alerted about the incident.