Facebook Payment
Facebook is planning a limited test of its payment platform soon; http://tr.im/l6qz
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Gerrit Eicker
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Gerrit Eicker 07:47 on 12. May 2009 Permalink |
TC: “The need for a payment platform may not be immediately obvious – after all, there are already quite a few ways for developers to accept payments through third party services like PayPal, and some companies are making quite a bit of money in the process. But for the end-user it is night and day. Users would only have to fill in their credit card information one time, and would also trust the platform more than they would a third party. The lowered barrier to entry would likely result in an increase in the number of transactions across many applications.”
VB: “Meanwhile, other social networks have been getting into the action. Hi5 rolled out its own currency last December. MySpace has also been looking at a sort of payments system for virtual goods, but hasn’t come out with anything yet. However, I’ve recently heard that it also has something big planned on that front for the near future. What’s also not clear is how whatever Facebook offers for developers will compete with the range of the range of payment options that are already in use on the platform, including those from PayPal, Zong, Mobillcash and others. – Still, a single virtual currency has been a top feature request of developers ever since the platform launched. Facebook, like its rivals, appears to be making the right move.“
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