Facebook or Twitter Payments are a means to an end

Friday 24 October 2014 | 16:43 CET | Author: Bart Garvelink | Background
Facebook is believed to be working on a peer-to-peer payment service. Several retail banks are offering payment services that use Facebook, Twitter or a mobile phone number as unique identifier and a way to make money change hands. Social Media can be used as an infrastructure for payments, but these services are usually part of a different revenue model.

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Categories: Internet
Companies: Ebay / Facebook / Orange / PayPal / Twitter
Countries: World
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