Facebook’s foray into the digital payment space has still not borne the desired results. It has now decided to rename its digital wallet Novi from Calibra.
Facebook Renames Digital Wallet Novi – MediaPost
Still trying to find its footing in the digital payment space, Facebook is changing the name of its digital wallet from Calibra to Novi. “We found the old name was a little too close to the name of the Libra payments network,” according to David Marcus, head of Facebook’s cryptocurrency unit. In Marcus’ eyes, Novi will eventually be one of many wallets connected to the Libra network.
Link: Facebook Renames Digital Wallet Novi
via www.mediapost.com
