Payvment to shut down Facebook commerce platform

Shutting down facebook commerce platform

Pavyment has announced it will be shutting down its Facebook commerce platform on March 1 2013. The social commerce platform allows businesses to create storefronts on Facebook pages with social media tools such as one-click ads.

As a result, customers will be directed by social commerce company Tbe towards Ecwid. Annual subscribers of Payvement’s service will be reimbursed, however the same cannot be said for monthly subscribers.

Although the company will allow editing of existing products on its platform until February 28th, it will suspend the ability to add new products, promotions, deals and Facebook ads. 

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