According to a latest report , Facebook is testing Messenger payments in India. Furthermore, Facebook is also said to be quietly working on building a payments platform, which is independent of WhatsApp payments. The report claims that the platform will be separate from WhatsApp and will allow peer-to-peer and peer-to-merchant payments. The company has already launched a beta version of recharge payments for mobile phone and other prepaid services on its Messenger platform. It said: “Recharge is a good way to test the market. The transaction values are small, but the volumes are high.” As expected, Facebook denied commenting. The company has a big opportunity with Payments that will allow buyers and sellers to fulfill any sorts of commercial transactions on Facebook Marketplace and Facebook Messenger. It will also allow users to buy and sell products within Facebook communities. Brands can target, connect, and transact with users directly on the Messenger. Messenger Payments will help users to complete the transaction without having to move out of the app. Facebook-owned WhatsApp has got the Payments feature back in February, and since they run as two different entities, it is possible Facebook might be looking to focus on the payments business from all the sides. Facebook has already ...
Read Here»
Post a Comment Blogger Facebook
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. As the comments are written and submitted by visitors of The Sheen Blog, they in no way represent the opinion of The Sheen Blog. Let's work together to keep the conversation civil.