Facebook is making a very big push in
the mobile payment space.
In the upcoming
months, Facebook Messenger users will now be able to send money to friends
within the app. "Easy, Secure, Free,” says the Facebook announcement.
- Facebook Messenger has over 500 Million monthly active users
- Of these users there are nearly 80 million payment cards already on file, thanks to Facebook being a trusted payments processor for gaming, advertising, and donations since 2007
Beyond just payments, Facebook
Messenger expects more updates next week during the F8
conference particularly around how it plans to compete with other messaging
services. You can find more information here
and here.
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