Skip to content
Facebook RSS
Facebook sets up F2 unit to supercharge payments activities
Facebook has revealed that it has set up a new business unit to address payments and commerce opportunities. David Marcus, a former PayPal President and co-creator of the Libra cryptocurrency... more
The post Facebook sets up F2 unit to supercharge payments activities appeared first on Payments Cards & Mobile.
Facebook launches e-commerce play with Facebook Shops
Facebook has unveiled a service that puts it in direct competition with Amazon and eBay pushing its 2.6 billion users onto its platform, Facebook Shops, which allow sellers to create... more
The post Facebook launches e-commerce play with Facebook Shops appeared first on Payments Cards & Mobile.
Majority of Americans would allow Big Tech to use their spending data
A majority of Americans, 64%, would consider purchasing or applying for financial products from a Big Tech company instead of a traditional financial services provider. Among those ages 18 to... more
The post Majority of Americans would allow Big Tech to use their spending data appeared first on Payments Cards & Mobile.
Global technology companies face probe into deals going back a decade
Amazon, Apple, Alphabet, Facebook and Microsoft are facing a new wave of scrutiny over whether they stifled competition by buying up smaller rivals. The Federal Trade Commission has asked the firms... more
The post Global technology companies face probe into deals going back a decade appeared first on Payments Cards & Mobile.
Facebook Pay: Social giant moves to consolidate fragmented payments platforms
Facebook is consolidating its payment processing for Facebook, Messenger, Instagram and WhatsApp into one brand called Facebook Pay. Deb Liu, Facebook’s VP of marketplace and commerce, says that the singular brand... more
The post Facebook Pay: Social giant moves to consolidate fragmented payments platforms appeared first on Payments Cards & Mobile.
