Facebook has unveiled a
new service that allows you to send money via its instant messaging
app. It's the service similar to other messaging apps such as
Snapchat, Square and Venmo, where you can transfer money to other
people.
As this service runs on
Facebook, that means its going to reach and used of vast no. of
people across the world. This is going to be a lot easier to send and
recieve money wherever you want.
Facebook is quickly
transforming itself into an ecommerce engine with some advanced
payment tools trusted by millions of Facebook users to store their
debit card information into the company's system. Facebook is also
transforming its way in the same direction like Apple and Google did,
it just don't want people to spend time but also to spend their
money.
Snapchat - a messaging app
also started a similar service earlier, but it's not as famous as
Facebook, and even it hasn't got a huge collection of service
compared to Facebook.
Currently Facebook is the
only social networking site with more than 1.3 billion users
worldwide, and the Facebook messenger is used by more than 500
million users. That's the reason, the payment service of Facebook is
going to be used by more people than any other payment services
prevailing.
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Now as Google, Apple and
Facebook and started this payment services, the ony question that
arises, is do people really want these companies to handle your
existence. They already know your likings, your friends and now do
you really want them to know about monetary expenditures.
About Anna Harris:
Anna Harris working as web content writer and a strategist for a major IT firm Hidden Brains specialized in various mobile application development services for iOS, Android, Windows Phone and other operating systems.
Follow Anna Harris On
Anna Harris working as web content writer and a strategist for a major IT firm Hidden Brains specialized in various mobile application development services for iOS, Android, Windows Phone and other operating systems.
Follow Anna Harris On
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